US weekly rig count unchanged

11/08/2023 Argaam Exclusive

The US drilling rig count remained unchanged at 525 in the week ended Aug. 11, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

The gas rig count declined by five to 123 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 601 525 525 0 (76)
Gas 160 128 123 (5) (37)
Oil & Gas 761 653 648 (5) (113)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
74.69
0.07
0.09 %
Nymex
71.03
(1.67)
(2.30 %)
Natural Gas
3.31
(0.04)
(1.04 %)
Gold
2,869.21
2.77
0.10 %
Silver
32.21
(0.08)
(0.24 %)
High Grade Copper
4.44
0.05
1.22 %
Iron Ore
104.81
(0.59)
(0.56 %)
Aluminum
2,609.25
(29.25)
(1.12 %)
LEAD
2,007.00
4.50
0.23 %
Zinc
2,815.00
27.50
0.99 %
Steel
803.00
(12.00)
(1.49 %)
Wheat (CBOT)
572.25
(2.00)
(0.35 %)
Corn (CBOT)
493.25
(1.20)
(0.24 %)
Coffee (ICEUS)
397.75
14.40
3.73 %
Whole Milk Powder
4,425.00
(87.50)
(1.98 %)
Skim Milk Powder
2,687.50
(137.50)
(5.12 %)
Refining margins
8.37
(0.49)
(5.53 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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