U.S. drilling activity increased slightly this week as oil producers added rigs despite a still-lower count versus a year ago. Baker Hughes data showed total active rigs at 548, with oil units up by two to 410 and gas rigs down by one to 129, a configuration that may support supply growth and influence pricing for Oil – US Crude and Natural Gas as markets weigh demand trends and inventory levels.
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Over the past month, Oil – US Crude has gained about 1.84%, reflecting resilience amid shifting rig counts and macro uncertainty, while its 1-day technical outlook screens as Buy. Natural Gas is down roughly 1.42% in the same period, with price consolidation aligning with a near-term Hold signal as traders balance rising rigs against seasonal demand expectations. Investors can explore more updates, prices, and analysis across global markets at Commodities.