US rig count rises 4 units last week: Baker Hughes

17/12/2021 Argaam Exclusive

The US drilling rig count rose four units to reach 475 in the week ending Dec. 17, 2021, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the gas rig count declined one unit to 104 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 263 471 475 4+ 212
Gas 81 105 104 (1) 23
Oil & Gas 344 576 579 3+ 235

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
74.51
(0.62)
(0.82 %)
Nymex
70.55
(0.68)
(0.95 %)
Natural Gas
3.33
0.20
6.08 %
Gold
2,671.90
(37.80)
(1.39 %)
Silver
30.78
(0.53)
(1.68 %)
High Grade Copper
4.15
0.02
0.42 %
Iron Ore
102.02
0.07
0.07 %
Aluminum
2,612.50
(15.00)
(0.57 %)
LEAD
2,038.00
19.50
0.96 %
Zinc
2,996.00
24.00
0.80 %
Steel
777.00
(11.00)
(1.41 %)
Wheat (CBOT)
561.00
(4.00)
(0.71 %)
Corn (CBOT)
434.50
(0.60)
(0.14 %)
Coffee (ICEUS)
302.10
6.40
2.20 %
Whole Milk Powder
4,637.50
(12.50)
(0.27 %)
Skim Milk Powder
2,750.00
12.50
0.45 %
Refining margins
3.90
(0.66)
(14.47 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-

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