US rig count falls 7 units last week: Baker Hughes

06/08/2022 Argaam Exclusive

The US drilling rig count declined seven units to 598 in the week ended Aug. 6, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the gas rig count increased four units to 161 in the week. 

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 387 598 598 0 211
Gas 103 161 161 0 58
Oil & Gas 490 759 759 0 269

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
74.83
0.55
0.74 %
Nymex
70.71
0.57
0.81 %
Natural Gas
3.38
0.03
1.00 %
Gold
2,697.01
27.23
1.02 %
Silver
31.41
0.44
1.43 %
High Grade Copper
4.11
(0.02)
(0.46 %)
Iron Ore
102.02
0.07
0.07 %
Aluminum
2,638.25
(7.50)
(0.28 %)
LEAD
2,024.50
23.50
1.17 %
Zinc
3,001.00
0.00
0.00 %
Steel
795.00
1.00
0.13 %
Wheat (CBOT)
568.50
(1.20)
(0.21 %)
Corn (CBOT)
437.50
1.20
0.28 %
Coffee (ICEUS)
295.70
3.20
1.08 %
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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