US rig count falls for second straight week: Baker Hughes

01/11/2024 Argaam Exclusive

The US drilling rig count fell for the second straight week, down one unit to 479 in the week ended Nov. 1, Baker Hughes energy services firm said in its closely followed report on Friday.

Meanwhile, the gas rig count increased one unit to 102 in the week.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	496	480	479	(1)	(17)
Gas	118	101	102	1+	(16)
Oil & Gas	614	581	581	0	(33)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

73.10

0.29

0.39 %

Nymex

69.49

0.23

0.33 %

Natural Gas

2.66

(0.04)

(1.63 %)

Gold

2,749.20

(0.10)

0.00 %

Silver

32.68

(0.12)

(0.35 %)

High Grade Copper

4.37

0.03

0.72 %

Iron Ore

104.08

0.00

0.00 %

Aluminum

2,581.50

(10.50)

(0.41 %)

LEAD

2,036.50

(0.50)

(0.02 %)

Zinc

3,066.00

31.00

1.02 %

Steel

736.00

1.00

0.14 %

Wheat (CBOT)

568.00

(2.40)

(0.42 %)

Corn (CBOT)

414.50

3.60

0.88 %

Coffee (ICEUS)

242.95

(2.95)

(1.20 %)

Whole Milk Powder

4,662.50

(187.50)

(4.02 %)

Skim Milk Powder

2,737.50

(125.00)

(4.57 %)

Refining margins

4.16

(0.34)

(7.56 %)

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

MR Atlantic ($)

Dry Bulk Panamax ($)

المزيد

Commodity Prices

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