Global oil rig count falls in March: Baker Hughes
03/04/2026
Argaam
Oil drilling rigs
The global oil rig count fell by 91 units year-on-year (YoY) to 1,791 rigs in March, Baker Hughes data showed.
It also reported declines in rig counts across the Middle East and North America in the same month.
|
Oil & Gas Rigs |
|||||
|
Region |
A year Earlier |
Last Month |
Current Month |
Monthly Variation |
Change YoY |
|
Middle East |
535 |
538 |
500 |
(38) |
(35) |
|
Total (Excluding the US and Canada) |
1095 |
1112 |
1058 |
(54) |
(37) |
Market Indices
Dubai
5,897.57
(9.63)
(0.16 %)
Abu Dhabi
9,960.24
(33.00)
(0.33 %)
TASI
10,542.23
(47.72)
(0.45 %)
Qatar
9,209.53
(49.77)
(0.54 %)
Kuwait
9,063.91
13.25
0.15 %
Muscat
7,828.06
39.92
0.51 %
Bahrain
1,898.90
(2.96)
(0.16 %)
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