NewsSignalsAI analysis·Seeking Alpha·Nov 13, 2026

U.S. drilling rig count slips in latest Baker Hughes survey

Grade Bbullish AI signal$WTI$BRENT

U.S. active drilling rigs fell by 3 to 601 in the latest Baker Hughes survey, reversing the previous week's increase. Oil rigs remained unchanged at 463, while natural gas rigs declined by 4 to 127; total rigs remain 9.5% higher than a year ago. The weekly decline could signal a modest slowdown in drilling activity, although year-over-year growth suggests U.S. production capacity remains supported.

Bullish strength: 55/100

Total U.S. rig count remains 9.5% higher than the same period last year.
Oil rigs are up 11% year over year.
Permian Basin oil rigs increased by 2 to 275.

Bearish strength: 45/100

Total active U.S. rigs declined by 3 to 601 week over week.
Natural gas rigs fell by 4 to 127.

This is automated NewsSignalsAI analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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