US Drillers Add More Rigs In Response to Higher Prices | EN590 Commodities

US Drillers Add More Rigs In Response to Higher Prices | EN590 Commodities

EN590 Commodities Group

Crude Oil May 29, 2026

Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory What I Cover
Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and… The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 562,  down just 1 from this same time last year. The number of active oil rigs rose by 4 to 429 during the latest reporting period, according to the data. This is 22 below this same time last year. The number of gas rigs stayed the same at 125, which is 16 more than this time last year. The miscellaneous rig stayed the same at 8. The latest EIA data showed that weekly U.S. crude oil producti






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