US rig count hits 11-week low: Baker Hughes

04/10/2024 Argaam Exclusive

The US drilling rig count fell five units to 479 in the week ended Oct. 4, Baker Hughes energy services firm said in its closely followed report on Friday.

 

This is the lowest level since July 19 (477 units).

 

Meanwhile, the gas rig count increased three units to 102 in the week, the highest since July 19 (103 units).

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 497 484 479 (5) (18)
Gas 118 99 102 3+ (16)
Oil & Gas 615 583 581 (2) (34)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
78.05
0.43
0.55 %
Nymex
74.38
0.67
0.91 %
Natural Gas
2.85
(0.12)
(3.90 %)
Gold
2,667.80
(11.40)
(0.43 %)
Silver
32.39
(0.07)
(0.22 %)
High Grade Copper
4.57
0.02
0.46 %
Iron Ore
108.84
0.53
0.49 %
Aluminum
2,611.00
31.50
1.22 %
LEAD
2,150.00
7.50
0.35 %
Zinc
3,170.50
56.00
1.79 %
Steel
750.00
1.00
0.13 %
Wheat (CBOT)
589.75
(13.60)
(2.25 %)
Corn (CBOT)
424.75
(3.40)
(0.80 %)
Coffee (ICEUS)
257.35
5.30
2.09 %
Whole Milk Powder
4,975.00
237.50
4.77 %
Skim Milk Powder
2,912.50
37.50
1.29 %
Refining margins
4.09
0.93
29.43 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-
المزيد

Commodity Prices

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.