Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
U.S. Oil Rig Count Falls for Second Week -- Market Talk

U.S. Oil Rig Count Falls for Second Week -- Market Talk

Dow JonesDow Jones2026/08/28 17:40

1340 ET - The number of rigs drilling for oil in the U.S. fell for a second consecutive week, while remaining well above their year-earlier level, according to data from oil services company Baker Hughes. Oil rigs were down by five this week at 447, or 35 more than a year ago and 36 more than at the start of the U.S.-Iran conflict. Rigs directed at natural gas increased by five to 132, and were 13 more than a year ago. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

August 28, 2026 13:40 ET (17:40 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Data centers drive the boom in U.S. non-residential construction; UBS highlights Caterpillar (CAT.US) and other potential beneficiary stocks

Non-residential construction starts in the United States continued to expand in August, as a significant increase in data center projects helped offset the impact of sluggish infrastructure starts.

智通财经2026/09/24 02:16
Data centers drive the boom in U.S. non-residential construction; UBS highlights Caterpillar (CAT.US) and other potential beneficiary stocks

Qualcomm (QCOM.US) acquires robotics software company PickNik to strengthen its presence in the physical AI field

Qualcomm announced on Wednesday that it will acquire the robotics software company PickNik to enhance its presence in the field of physical AI and robotics.

智通财经2026/09/24 01:16