US rig count falls 1 unit to 478: Baker Hughes

12/07/2024 Argaam Exclusive

The US drilling rig count fell one unit to 478 in the week ended July 12, Baker Hughes energy services firm said in its closely followed report on Friday.

 

This is the lowest level since Dec. 17, 2021, when the rig count reached 475.

 

Meanwhile, the gas rig count fell one unit to 100 in the week.

 

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 537 479 478 (1) (59)
Gas 133 101 100 (1) (33)
Oil & Gas 670 580 578 (2) (92)

Changes in the number of platforms - USA

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
85.03
(0.37) (0.43 %)
Nymex
82.21
(0.41) (0.49 %)
Natural Gas
2.33
0.06 2.69 %
Gold
2,420.70
(1.20) (0.05 %)
Silver
31.16
(0.51) (1.60 %)
High Grade Copper
4.59
0.09 1.91 %
Iron Ore
109.58
0.84 0.77 %
Aluminum
2,423.00
(2.00) (0.08 %)
LEAD
2,212.00
17.00 0.77 %
Zinc
2,949.00
(2.50) (0.08 %)
Steel
775.00
(7.00) (0.90 %)
Wheat (CBOT)
550.75
(20.40) (3.58 %)
Corn (CBOT)
414.75
4.40 1.07 %
Coffee (ICEUS)
248.75
3.90 1.59 %
Whole Milk Powder
4,112.50
0.00 0.00 %
Skim Milk Powder
2,600.00
(62.50) (2.40 %)
Refining margins
6.39
(1.52) (19.22 %)
VLCC "Spot"
-
- -
LPG (mt) ($)
-
- -
Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
- -

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