
May 16, 2025
Baker Hughes Oil, Gas, and Misc. Rig Counts

May 16, 2025

May 16, 2025
Baker Hughes Rigs Counts and Crude Oil Prices (Weekly Average)
Crude Oil Rigs: 473 NYMEX WTI Crude Oil May 16, 2025
Peak in NYMEX WTI Crude Oil at $122.50 for the week ending June 10, 2022
June 10, 2022
15 week lag in Oil Rigs Count has the decrease in rig count starting September 23, 2022
1,800