US Oil Rig Forecast

A weekly forecast of the change in the US oil rig count — with a public, honest record. We show the misses.

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Cumulative skill — live track record

Running MAE, our model vs the persistence baseline (predicting “no change”). Live period only — separate from the backtest.

● model● persistence

The honesty table — last 26 weeks

WeekForecast80% rangeActualDirectionIn range
Rig forecast scorecard

Get the forecast every week