Baker Hughes says US oil rig count declined

16/08/2024 Argaam Exclusive

The US drilling rig count decreased by two to 483 in the week ended Aug. 16.

 

Meanwhile, the gas rig count increased by one to 98.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 520 485 483 (2) (37)
Gas 117 97 98 1+ (19)
Oil & Gas 637 582 581 (1) (56)

Changes in the number of platforms - USA

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
79.68
(1.36) (1.68 %)
Nymex
76.65
(1.51) (1.93 %)
Natural Gas
2.12
(0.07) (3.36 %)
Gold
2,537.80
45.40 1.82 %
Silver
28.85
0.43 1.52 %
High Grade Copper
4.14
(0.01) (0.18 %)
Iron Ore
97.81
(0.74) (0.76 %)
Aluminum
2,301.25
2.50 0.11 %
LEAD
2,007.50
22.50 1.13 %
Zinc
2,726.00
38.50 1.43 %
Steel
720.00
(15.00) (2.07 %)
Wheat (CBOT)
552.50
2.20 0.40 %
Corn (CBOT)
392.50
(4.40) (1.11 %)
Coffee (ICEUS)
244.10
6.05 2.55 %
Whole Milk Powder
4,262.50
37.50 0.88 %
Skim Milk Powder
2,562.50
(37.50) (1.46 %)
Refining margins
5.62
(0.90) (13.80 %)
VLCC "Spot"
-
- -
LPG (mt) ($)
-
- -
Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
- -

Commodity Prices

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