US oil rigs marginally lower this week: Baker Hughes

31/05/2024 Argaam Exclusive

The US drilling rig count dropped by one to 496 in the week ended May 31, Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the gas rigs increased by one to 100.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 555 497 496 (1) (59)
Gas 137 99 100 1+ (37)
Oil & Gas 692 596 596 0 (96)

Changes in the number of platforms - USA

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
79.66
0.50 0.63 %
Nymex
76.84
0.65 0.86 %
Natural Gas
2.14
0.02 0.74 %
Gold
2,473.40
10.10 0.41 %
Silver
27.59
(0.02) (0.07 %)
High Grade Copper
3.99
0.03 0.85 %
Iron Ore
101.26
0.51 0.51 %
Aluminum
2,234.25
21.75 0.98 %
LEAD
2,036.50
58.00 2.94 %
Zinc
2,740.50
97.50 3.68 %
Steel
728.00
5.00 0.69 %
Wheat (CBOT)
542.50
5.00 0.93 %
Corn (CBOT)
395.00
(2.00) (0.50 %)
Coffee (ICEUS)
234.05
(11.25) (4.59 %)
Whole Milk Powder
4,262.50
37.50 0.88 %
Skim Milk Powder
2,562.50
(37.50) (1.46 %)
Refining margins
8.69
(0.34) (3.77 %)
VLCC "Spot"
-
- -
LPG (mt) ($)
-
- -
Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
- -

Commodity Prices

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