FX.co ★ U.S. Oil Rig Count Ticks Higher, Signaling Steady Drilling Momentum

The U.S. Baker Hughes oil rig count edged up this week, pointing to a modest increase in drilling activity across the country’s oil fields. As of 18 September 2026, the number of active oil rigs rose to 452, up from 450 previously.

The incremental gain suggests producers are maintaining or slightly expanding their drilling programs, a move that can influence future oil supply. While the increase is small, changes in the rig count are closely watched by energy markets as an early indicator of shifts in upstream investment and potential production trends in the United States.