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Baker Hughes says US oil rigs rise for 2nd straight week
25/04/2025
Argaam Exclusive
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Oilfield services firm Baker Hughes said on Friday, April 25, that its weekly US rig count was up by two rigs to 483 rigs. This marked an increase for the second consecutive week.
The number of rigs drilling for natural gas was also up, rising by one to 99 for the week.
Oil and gas exploration platforms - USA
| Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
|---|---|---|---|---|---|
| No. of Rig Count | 506 | 481 | 483 | 2+ | (23) |
| Gas | 105 | 98 | 99 | 1+ | (6) |
| Oil & Gas | 611 | 579 | 582 | 3+ | (29) |
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Price
Change (value)Change (%)
Brent Crude Oil
66.87
0.36
0.54 %
Nymex
63.02
0.23
0.37 %
Natural Gas
2.94
0.01
0.24 %
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3,298.40
(50.20)
(1.49 %)
Silver
33.01
(0.49)
(1.47 %)
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4.90
(0.02)
(0.31 %)
Iron Ore
99.92
(0.06)
(0.06 %)
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(42.50)
(1.77 %)
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(15.50)
(0.79 %)
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2,643.00
(59.50)
(2.20 %)
Steel
818.00
8.00
0.99 %
Wheat (CBOT)
545.00
0.40
0.07 %
Corn (CBOT)
485.50
1.40
0.29 %
Coffee (ICEUS)
399.85
1.05
0.26 %
Whole Milk Powder
4,975.00
162.50
3.27 %
Skim Milk Powder
2,750.00
62.50
2.27 %
Refining margins
9.70
1.83
23.25 %
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