US weekly rig count declines 2 units

08/12/2023 Argaam Exclusive

The US drilling rig count fell two units to 503 in the week ended Dec. 8, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the gas rig count rose three units to 119 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 625 505 503 (2) (122)
Gas 153 116 119 3+ (34)
Oil & Gas 778 621 622 1+ (156)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
74.64
0.26
0.35 %
Nymex
71.05
1.22
1.72 %
Natural Gas
2.92
0.02
0.59 %
Gold
2,648.72
(14.57)
(0.55 %)
Silver
31.45
(0.30)
(0.95 %)
High Grade Copper
4.57
(0.02)
(0.44 %)
Iron Ore
93.83
0.85
0.91 %
Aluminum
2,603.25
25.50
0.98 %
LEAD
2,116.50
12.50
0.59 %
Zinc
3,148.00
11.00
0.35 %
Steel
774.00
(1.00)
(0.13 %)
Wheat (CBOT)
601.00
2.00
0.34 %
Corn (CBOT)
431.25
2.20
0.51 %
Coffee (ICEUS)
264.15
(6.10)
(2.26 %)
Whole Milk Powder
4,975.00
237.50
4.77 %
Skim Milk Powder
2,912.50
37.50
1.29 %
Refining margins
3.16
(1.97)
(38.40 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-

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