US rig count hits 17-week low: Baker Hughes

15/11/2024 Argaam Exclusive

The US drilling rig count dropped one unit to 478 in the week ended Nov. 15, Baker Hughes energy services firm said in its closely followed report on Friday.

 

This is the lowest level for the US rig count since July 19 (477).

 

Meanwhile, the gas rig count fell to 101 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 500 479 478 (1) (22)
Gas 114 102 101 (1) (13)
Oil & Gas 614 581 579 (2) (35)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
71.04
(1.52)
(2.10 %)
Nymex
67.02
(1.68)
(2.45 %)
Natural Gas
2.82
0.04
1.37 %
Gold
2,570.10
(2.80)
(0.11 %)
Silver
30.43
(0.14)
(0.45 %)
High Grade Copper
4.06
(0.02)
(0.56 %)
Iron Ore
105.09
1.18
1.12 %
Aluminum
2,596.25
121.50
4.91 %
LEAD
1,951.00
(10.00)
(0.51 %)
Zinc
2,943.00
9.50
0.32 %
Steel
709.00
0.00
0.00 %
Wheat (CBOT)
536.50
6.20
1.17 %
Corn (CBOT)
424.00
5.00
1.19 %
Coffee (ICEUS)
283.30
3.90
1.42 %
Whole Milk Powder
3,662.50
(1,000.00)
(27.30 %)
Skim Milk Powder
2,737.50
0.00
0.00 %
Refining margins
4.80
(0.23)
(4.57 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
MR Atlantic ($)
-
-
-
Dry Bulk Panamax ($)
-
-
-

Comments {{getCommentCount()}}

Be the first to comment

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