US weekly rig count rises one unit

05/01/2024 Argaam Exclusive

The US drilling rig count rose one unit to 501 in the week ended Jan. 5, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

Meanwhile, the gas rig count declined two units to 118 in the week.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	618	500	501	1+	(117)
Gas	152	120	118	(2)	(34)
Oil & Gas	770	620	619	(1)	(151)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

72.54

(0.38)

(0.52 %)

Nymex

69.06

(0.38)

(0.55 %)

Natural Gas

3.71

(0.04)

(0.96 %)

Gold

2,633.20

(12.40)

(0.47 %)

Silver

30.21

0.25

0.82 %

High Grade Copper

4.11

0.00

0.11 %

Iron Ore

104.08

(0.65)

(0.62 %)

Aluminum

2,513.00

6.50

0.26 %

LEAD

1,988.00

7.00

0.35 %

Zinc

3,010.00

37.50

1.26 %

Steel

805.00

0.00

0.00 %

Wheat (CBOT)

534.75

1.60

0.30 %

Corn (CBOT)

447.75

1.40

0.31 %

Coffee (ICEUS)

327.55

2.35

0.72 %

Whole Milk Powder

4,612.50

(37.50)

(0.81 %)

Skim Milk Powder

2,737.50

(62.50)

(2.28 %)

Refining margins

4.34

1.14

35.63 %

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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