US weekly rig count drop by 5 units: Baker Hughes

07/07/2023 Argaam Exclusive

The US drilling rig count decreased by five units to 540 in the week ended July 7, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the gas rig count increased by 11 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 597 545 540 (5) (57)
Gas 153 124 135 11+ (18)
Oil & Gas 750 669 675 6+ (75)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
75.170
0.940
1.27 %
Nymex
71.240
1.140
1.62 %
Natural Gas
3.129
(0.210)
(6.19 %)
Gold
2,712.200
37.300
1.40 %
Silver
31.338
0.395
1.28 %
High Grade Copper
4.086
(0.039)
(0.95 %)
Iron Ore
102.020
0.070
0.07 %
Aluminum
2,595.000
(11.000)
(0.42 %)
LEAD
2,018.500
17.500
0.87 %
Zinc
2,972.000
(29.000)
(0.97 %)
Steel
777.000
(11.000)
(1.41 %)
Wheat (CBOT)
564.750
(4.600)
(0.81 %)
Corn (CBOT)
435.250
(1.000)
(0.23 %)
Coffee (ICEUS)
302.100
6.400
2.20 %
Whole Milk Powder
3,662.500
(1,000.000)
(27.30 %)
Skim Milk Powder
2,737.500
0.000
0.00 %
Refining margins
4.730
(0.310)
(6.15 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-

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