US oil rig count hits lowest since Jan. 2022
The US oil rig count declined four units to 488 in the week ended June 14, Baker Hughes said in its weekly report.
This is the lowest number of US rigs since Jan. 7, 2022 when it reached 481.
Meanwhile, gas rigs stabilized at 98 last week.
Oil and gas exploration platforms - USA
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 552 | 492 | 488 | (4) | (64) |
Gas | 130 | 98 | 98 | 0 | (32) |
Oil & Gas | 682 | 590 | 586 | (4) | (96) |
Name
Price
Change (value)Change (%)
Brent Crude Oil
79.435
0.351
0.45 %
Nymex
76.240
1.510
2.01 %
Natural Gas
2.142
0.016
0.75 %
Gold
2,417.130
6.360
0.26 %
Silver
28.740
0.205
0.72 %
High Grade Copper
4.161
0.073
1.77 %
Iron Ore
106.250
(0.340)
(0.32 %)
Aluminum
2,207.000
38.250
1.75 %
LEAD
2,054.500
19.000
0.93 %
Zinc
2,684.000
33.500
1.27 %
Steel
703.000
(1.000)
(0.14 %)
Wheat (CBOT)
519.250
(4.400)
(0.84 %)
Corn (CBOT)
405.750
0.600
0.15 %
Coffee (ICEUS)
230.800
0.400
0.17 %
Whole Milk Powder
4,225.000
112.500
2.66 %
Skim Milk Powder
2,600.000
0.000
0.00 %
Refining margins
9.060
0.350
4.02 %
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "Spot"
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-
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