Crude Oil Rigs in the United States increased to 673 in January 17 from 659 in the previous week. Crude Oil Rigs in the United States averaged 505.85 from 1987 until 2020, reaching an all time high of 1609 in October of 2014 and a record low of 98 in August of 1999. source: Baker Hughes
Crude Oil Rigs in the United States is expected to be 640.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Rigs in the United States to stand at 650.00 in 12 months time. In the long-term, the Baker Hughes Crude Oil Rigs is projected to trend around 750.00 in 2020, according to our econometric models.