US drillers rise to 12-week high: Baker Hughes

23/02/2024 Argaam Exclusive

The US drilling rig count increased by six week-on-week to 503 in the week ended Feb. 23, Baker Hughes energy services firm said in its closely followed report on Friday.

 

The US drillers rose to their highest level in three months, compared to 505 in the first week of December 2023.

Meanwhile, the gas rig count fell by one to 120.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 600 497 503 6+ (97)
Gas 151 121 120 (1) (31)
Oil & Gas 751 618 623 5+ (128)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
71.04
(1.52)
(2.10 %)
Nymex
67.02
(1.68)
(2.45 %)
Natural Gas
2.82
0.04
1.37 %
Gold
2,570.10
(2.80)
(0.11 %)
Silver
30.43
(0.14)
(0.45 %)
High Grade Copper
4.06
(0.02)
(0.56 %)
Iron Ore
105.09
1.18
1.12 %
Aluminum
2,596.25
121.50
4.91 %
LEAD
1,951.00
(10.00)
(0.51 %)
Zinc
2,943.00
9.50
0.32 %
Steel
709.00
0.00
0.00 %
Wheat (CBOT)
536.50
6.20
1.17 %
Corn (CBOT)
424.00
5.00
1.19 %
Coffee (ICEUS)
283.30
3.90
1.42 %
Whole Milk Powder
3,662.50
(1,000.00)
(27.30 %)
Skim Milk Powder
2,737.50
0.00
0.00 %
Refining margins
2.86
(1.60)
(35.87 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-
المزيد

Commodity Prices

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