US rig count rises 8 units to 527 last week: Baker Hughes

11/03/2022 Argaam Exclusive

The US drilling rig count increased eight units to 527 in the week ended March 11, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the gas rig count rose five units to 135 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 309 519 527 8+ 218
Gas 92 130 135 5+ 43
Oil & Gas 401 649 662 13+ 261

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
74.69
0.44
0.59 %
Nymex
70.98
0.95
1.35 %
Natural Gas
3.08
(0.26)
(7.70 %)
Gold
2,704.40
29.90
1.12 %
Silver
31.25
0.33
1.06 %
High Grade Copper
4.09
(0.04)
(0.94 %)
Iron Ore
102.02
0.07
0.07 %
Aluminum
2,607.75
(3.50)
(0.13 %)
LEAD
2,026.00
25.00
1.25 %
Zinc
2,977.00
(24.00)
(0.80 %)
Steel
800.00
5.00
0.63 %
Wheat (CBOT)
563.50
(5.60)
(0.98 %)
Corn (CBOT)
437.00
0.60
0.14 %
Coffee (ICEUS)
301.60
5.55
1.91 %
Whole Milk Powder
3,662.50
(1,000.00)
(27.30 %)
Skim Milk Powder
2,737.50
0.00
0.00 %
Refining margins
4.73
(0.31)
(6.15 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-

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