Global oil rig count falls in March: Baker Hughes

04:00 PM (Mecca time) Argaam
Oil drilling rigs

Oil drilling rigs


The global oil rig count fell by 91 units year-on-year (YoY) to 1,791 rigs in March, Baker Hughes data showed.

 

It also reported declines in rig counts across the Middle East and North America in the same month.

 

Oil & Gas Rigs

Region   

A year Earlier

Last Month

Current Month

Monthly Variation   

Change YoY

Middle East   

535

538

500

(38)

(35)

Total (Excluding the US and Canada)

1095

1112

1058

(54)

(37)

 

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