US oil rig count fall for fourth straight week: Baker Hughes
The US drilling rig count declined for the fourth consecutive week. The US drillers declined by three to 485 in the week ended June 21, the lowest level compared to 481 drillers since Jan. 7, 2022, Baker Hughes energy services firm said in its closely followed report on Friday.
Meanwhile, the gas rig count remained unchanged at 98 for the second week in a row.
Oil and gas exploration platforms - USA
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 546 | 488 | 485 | (3) | (61) |
Gas | 130 | 98 | 98 | 0 | (32) |
Oil & Gas | 676 | 586 | 583 | (3) | (93) |
Name
Price
Change (value)Change (%)
Brent Crude Oil
84.85
1.12
1.34 %
Nymex
82.15
1.34
1.66 %
Natural Gas
2.08
(0.10)
(4.49 %)
Gold
2,481.66
12.96
0.53 %
Silver
30.98
(0.26)
(0.83 %)
High Grade Copper
4.42
(0.03)
(0.57 %)
Iron Ore
109.39
(0.28)
(0.26 %)
Aluminum
2,373.75
10.75
0.45 %
LEAD
2,213.00
25.50
1.16 %
Zinc
2,871.00
(21.50)
(0.74 %)
Steel
672.00
(8.00)
(1.18 %)
Wheat (CBOT)
541.25
10.20
1.92 %
Corn (CBOT)
411.75
3.60
0.88 %
Coffee (ICEUS)
243.90
0.45
0.18 %
Whole Milk Powder
4,112.50
0.00
0.00 %
Skim Milk Powder
2,600.00
(62.50)
(2.40 %)
Refining margins
5.99
(0.99)
(14.18 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-
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