US rig count rises 7 units to 488: Baker Hughes

21/02/2025 Argaam Exclusive

The US drilling rig count continued to rise for the fourth straight week, increasing seven units to 488 in the week ended Feb. 22, Baker Hughes energy services firm said in its closely followed report on Friday.

 

 Meanwhile, the gas rig count fell two units to 99 in the week

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 503 481 488 7+ (15)
Gas 120 101 99 (2) (21)
Oil & Gas 623 582 587 5+ (36)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
74.43
(2.23)
(2.91 %)
Nymex
70.40
(2.08)
(2.87 %)
Natural Gas
4.23
0.08
1.96 %
Gold
2,953.20
(2.90)
(0.10 %)
Silver
33.01
(0.47)
(1.42 %)
High Grade Copper
4.56
(0.05)
(1.13 %)
Iron Ore
107.13
0.13
0.12 %
Aluminum
2,670.75
(47.00)
(1.73 %)
LEAD
2,002.50
1.00
0.05 %
Zinc
2,913.00
(5.50)
(0.19 %)
Steel
900.00
0.00
0.00 %
Wheat (CBOT)
604.00
3.60
0.60 %
Corn (CBOT)
505.00
(7.60)
(1.48 %)
Coffee (ICEUS)
389.25
(0.65)
(0.17 %)
Whole Milk Powder
4,550.00
125.00
2.75 %
Skim Milk Powder
2,650.00
(37.50)
(1.42 %)
Refining margins
5.64
(0.11)
(1.91 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
المزيد

Commodity Prices

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