US rig count drop to lowest level since January: Baker Hughes

11/04/2025 Argaam Exclusive

The US drilling rig count decreased by nine units to 480 in the week ended April 11, Baker Hughes energy services firm said in its closely followed report.

This is the lowest level for the US rig count since January.

Meanwhile, the gas rig count rose by one to 97 in the same week.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	506	489	480	(9)	(26)
Gas	109	96	97	1+	(12)
Oil & Gas	615	585	577	(8)	(38)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

60.41

(0.71)

(1.16 %)

Nymex

56.82

(0.62)

(1.08 %)

Natural Gas

4.01

(0.10)

(2.42 %)

Gold

4,335.20

3.60

0.08 %

Silver

63.59

1.58

2.55 %

High Grade Copper

5.41

0.05

0.99 %

Iron Ore

106.05

(0.16)

(0.15 %)

Aluminum

2,863.50

(7.75)

(0.27 %)

LEAD

1,945.50

(20.50)

(1.04 %)

Zinc

3,095.00

(43.50)

(1.39 %)

Steel

936.00

8.00

0.86 %

Wheat (CBOT)

520.75

(8.60)

(1.62 %)

Corn (CBOT)

439.75

(1.00)

(0.23 %)

Coffee (ICEUS)

360.30

(9.00)

(2.45 %)

Whole Milk Powder

3,675.00

(175.00)

(4.76 %)

Skim Milk Powder

2,412.50

(12.50)

(0.52 %)

Refining margins

10.37

0.47

4.75 %

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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