US drillers add 2 oil rigs this week, says Baker Hughes

11/10/2024 Argaam Exclusive

The US oil rigs increased by two to 481 in the week ended Oct. 11, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday. 

 

Meanwhile, gas rigs added one to reach 101.  

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 501 479 481 2+ (20)
Gas 117 102 101 (1) (16)
Oil & Gas 618 581 582 1+ (36)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
72.94
0.10
0.14 %
Nymex
69.46
0.08
0.12 %
Natural Gas
3.75
0.16
4.52 %
Gold
2,645.10
37.00
1.42 %
Silver
29.96
0.55
1.86 %
High Grade Copper
4.10
0.02
0.58 %
Iron Ore
104.08
(0.65)
(0.62 %)
Aluminum
2,505.50
26.50
1.07 %
LEAD
1,981.00
9.00
0.46 %
Zinc
2,972.50
2.50
0.08 %
Steel
718.00
5.00
0.69 %
Wheat (CBOT)
533.00
0.00
0.00 %
Corn (CBOT)
446.25
5.40
1.23 %
Coffee (ICEUS)
325.00
1.25
0.38 %
Whole Milk Powder
4,650.00
12.50
0.27 %
Skim Milk Powder
2,800.00
50.00
1.79 %
Refining margins
4.34
1.14
35.63 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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