US drillers close 3 oil rigs in a week: Baker Hughes

28/03/2024 Argaam Exclusive

US energy firms cut the number of oil rigs by three to 506 in the week to March 28.

 

The gas rig count remained unchanged at 112, the lowest level compared to 109 rigs since Jan. 14, 2022.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 593 509 506 (3) (87)
Gas 162 112 112 0 (50)
Oil & Gas 755 621 618 (3) (137)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
74.78
(0.34)
(0.45 %)
Nymex
71.24
1.14
1.62 %
Natural Gas
3.53
0.24
6.92 %
Gold
2,671.18
(40.73)
(1.51 %)
Silver
30.76
(0.54)
(1.72 %)
High Grade Copper
4.10
(0.04)
(0.87 %)
Iron Ore
102.02
0.07
0.07 %
Aluminum
2,612.50
(15.00)
(0.57 %)
LEAD
2,034.50
16.00
0.79 %
Zinc
2,989.50
17.50
0.59 %
Steel
777.00
(11.00)
(1.41 %)
Wheat (CBOT)
612.00
(3.60)
(0.59 %)
Corn (CBOT)
435.25
(1.00)
(0.23 %)
Coffee (ICEUS)
302.10
6.40
2.20 %
Whole Milk Powder
4,637.50
(12.50)
(0.27 %)
Skim Milk Powder
2,750.00
12.50
0.45 %
Refining margins
3.90
(0.66)
(14.47 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-

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