US drillers add 8 oil rigs in week ending Jan. 8: Baker Hughes

08/01/2021 Argaam Exclusive

The number of active US rigs drilling for oil increased by eight to reach 275 in the week ending Jan. 8, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the natural gas rig count rose by one week-on-week (WoW) to 84.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 659 267 275 8+ (384)
Gas 119 83 84 1+ (35)
Oil & Gas 778 350 359 9+ (419)

Changes in the number of platforms - USA

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
80.86
(1.54) (1.87 %)
Nymex
76.73
(1.70) (2.17 %)
Natural Gas
2.19
(0.04) (1.84 %)
Gold
2,407.40
12.30 0.51 %
Silver
29.24
(0.09) (0.29 %)
High Grade Copper
4.17
(0.03) (0.72 %)
Iron Ore
108.16
(0.29) (0.27 %)
Aluminum
2,259.50
1.50 0.07 %
LEAD
2,054.50
(29.50) (1.41 %)
Zinc
2,689.00
(45.50) (1.67 %)
Steel
660.00
(3.00) (0.45 %)
Wheat (CBOT)
551.50
3.40 0.62 %
Corn (CBOT)
421.75
7.00 1.69 %
Coffee (ICEUS)
239.20
(3.70) (1.53 %)
Whole Milk Powder
4,225.00
112.50 2.66 %
Skim Milk Powder
2,600.00
0.00 0.00 %
Refining margins
9.11
1.74 23.61 %
VLCC "Spot"
-
- -
LPG (mt) ($)
-
- -
Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
- -

Commodity Prices

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