U.S. drillers increased activity for a fifth consecutive week, with the combined oil and gas rig count rising by seven to 558, according to Baker Hughes, marking the longest expansion streak since early 2025. The steady rig additions may signal expectations of stronger supply ahead, which could influence pricing dynamics for both Oil – US Crude and Natural Gas as producers respond to recent price strength.
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Over the past month, Oil – US Crude has advanced about 6.38%, reflecting improved risk appetite and tighter perceived balances, while its 1-day technical stance is rated Hold%, suggesting near-term consolidation. Natural Gas has gained roughly 10.00% in the same period, and its 1-day technical view shows a more constructive Buy% signal, indicating momentum traders may see further upside potential. Investors can explore more updates, prices, and analysis across global markets at Commodities.