{"id":50700,"date":"2025-07-18T13:38:20","date_gmt":"2025-07-18T17:38:20","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/fed-reverse-repo-demand-rises-while-us-rig-count-sees-largest-weekly-jump-since-december\/50700\/"},"modified":"2025-07-18T13:38:20","modified_gmt":"2025-07-18T17:38:20","slug":"fed-reverse-repo-demand-rises-while-us-rig-count-sees-largest-weekly-jump-since-december","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/fed-reverse-repo-demand-rises-while-us-rig-count-sees-largest-weekly-jump-since-december\/50700\/","title":{"rendered":"Fed Reverse Repo Demand Rises While US Rig Count Sees Largest Weekly Jump Since December"},"content":{"rendered":"<ul>\n<li>\n<p>**Demand for the Federal Reserve&#39;s overnight reverse repurchase agreement (ON RRP) facility saw a notable increase today, with <strong>36 counterparties<\/strong> taking <strong>$199.298 billion<\/strong>. This marks a rise from the previous operation, which saw <strong>35 bids<\/strong> for <strong>$193.660 billion<\/strong>. The uptick in usage suggests a continued abundance of liquidity in the financial system, with market participants seeking a safe short-term parking spot for their cash.<\/p>\n<\/li>\n<li>\n<p>In the energy sector, <strong>Baker Hughes<\/strong> (<a href=\"\/stock\/BKR\">BKR<\/a>) reported a significant weekly increase in the total U.S. oil and natural gas rig count. The combined count rose by <strong>seven<\/strong> rigs, bringing the total to <strong>544<\/strong>. This marks the <em>largest weekly increase since December<\/em>, indicating a potential shift in drilling activity within the United States.<\/p>\n<\/li>\n<li>\n<p>Delving deeper into the <strong>Baker Hughes<\/strong> (<a href=\"\/stock\/BKR\">BKR<\/a>) data, the overall increase was primarily driven by a substantial rise in natural gas drilling. Rotary gas rigs climbed by <strong>nine<\/strong> to a total of <strong>117<\/strong>. Conversely, rotary oil rigs experienced a slight decrease, falling by <strong>two<\/strong> to <strong>422<\/strong>. This dynamic highlights a divergence in drilling focus, with natural gas exploration seeing renewed interest.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>**Demand for the Federal Reserve&#39;s overnight reverse repurchase agreement (ON RRP) facility saw a notable increase today, with 36 counterparties [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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