US gas rig count rises to 12-week high: Baker Hughes

19/07/2024 Argaam Exclusive

The US drilling rig count decreased by one unit to 477 in the week ended July 19, Baker Hughes energy services firm said in its closely followed report on Friday.

 

This marks the lowest level since Dec. 17, 2021, when it reached 475.

 

Meanwhile, the gas rig count rose three units to 103 in the week, the highest level since April 26 (105 rigs).

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 530 478 477 (1) (53)
Gas 131 100 103 3+ (28)
Oil & Gas 661 578 580 2+ (81)

Changes in the number of platforms - USA

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
82.630
(2.480) (2.93 %)
Nymex
80.130
(2.690) (3.26 %)
Natural Gas
2.128
0.003 0.14 %
Gold
2,399.100
(57.300) (2.34 %)
Silver
29.299
(0.925) (3.08 %)
High Grade Copper
4.237
(0.042) (0.99 %)
Iron Ore
108.450
(0.280) (0.26 %)
Aluminum
2,312.500
(29.250) (1.26 %)
LEAD
2,121.000
(34.000) (1.58 %)
Zinc
2,774.000
(31.000) (1.10 %)
Steel
664.000
(5.000) (0.75 %)
Wheat (CBOT)
542.750
7.400 1.38 %
Corn (CBOT)
404.750
(0.200) (0.05 %)
Coffee (ICEUS)
238.200
(2.700) (1.12 %)
Whole Milk Powder
4,112.500
0.000 0.00 %
Skim Milk Powder
2,600.000
(62.500) (2.40 %)
Refining margins
8.050
2.060 34.39 %
VLCC "Spot"
-
- -
LPG (mt) ($)
-
- -
Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
- -

Commodity Prices

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