US oil rigs see 1st decline in 6 weeks: Baker Hughes

27/09/2024 Argaam Exclusive

The number of oil drilling rigs in the United States decreased during the week ended Sept. 27, while natural gas rigs saw an increase.

The oil drilling rig count fell by four, bringing the total to 484 rigs—marking the first drop in six weeks, according to data released by Baker Hughes on Sept. 28.

In contrast, the number of natural gas drilling rigs rose by three to a total of 99 rigs, the highest level since the week ended July 26, when there were 101 rigs.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	502	488	484	(4)	(18)
Gas	116	96	99	3+	(17)
Oil & Gas	618	584	583	(1)	(35)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

71.98

0.85

1.19 %

Nymex

68.18

0.51

0.76 %

Natural Gas

2.90

0.15

5.43 %

Gold

2,668.10

(26.80)

(0.99 %)

Silver

31.82

(0.53)

(1.62 %)

High Grade Copper

4.60

(0.04)

(0.85 %)

Iron Ore

92.98

0.44

0.48 %

Aluminum

2,593.25

33.00

1.28 %

LEAD

2,111.50

(21.50)

(1.01 %)

Zinc

3,075.00

(19.00)

(0.61 %)

Steel

758.00

3.00

0.39 %

Wheat (CBOT)

580.00

(4.40)

(0.75 %)

Corn (CBOT)

418.00

4.60

1.11 %

Coffee (ICEUS)

269.15

(4.75)

(1.75 %)

Whole Milk Powder

4,737.50

137.50

2.90 %

Skim Milk Powder

2,875.00

137.50

4.78 %

Refining margins

2.48

(0.58)

(18.95 %)

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

MR Atlantic ($)

Dry Bulk Panamax ($)

المزيد

Commodity Prices

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