Baker Hughes oil rig count -12 to 407

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Greg Michalowski

26/11/2025 | 18:08 GMT

Big decline in oil rig count for the week

Baker Hughes oil rig count fell sharply by -12 to 407.

Natural gas rigs rose 3 to 130

Total rigs fell -10 t0 544,

It makes you wonder if the lower prices are taking some of the marginal oil rigs offline.

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