US rig count falls 1 unit to 486: Baker Hughes

21/03/2025 Argaam Exclusive

The US drilling rig count decreased one unit to 486 in the week ended March 21, Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the gas rig count increased two units 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 509 487 486 (1) (23)
Gas 112 100 102 2+ (10)
Oil & Gas 621 587 588 1+ (33)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
73.41
0.24
0.32 %
Nymex
69.43
0.44
0.64 %
Natural Gas
3.89
(0.01)
(0.28 %)
Gold
3,020.69
0.82
0.03 %
Silver
33.73
0.02
0.05 %
High Grade Copper
5.27
0.06
1.19 %
Iron Ore
102.18
(0.03)
(0.03 %)
Aluminum
2,573.75
(4.75)
(0.18 %)
LEAD
2,071.50
45.50
2.19 %
Zinc
2,943.00
17.00
0.57 %
Steel
836.00
15.00
1.79 %
Wheat (CBOT)
542.00
(0.60)
(0.11 %)
Corn (CBOT)
458.50
1.00
0.22 %
Coffee (ICEUS)
399.20
0.15
0.04 %
Whole Milk Powder
4,737.50
162.50
3.43 %
Skim Milk Powder
2,700.00
(25.00)
(0.93 %)
Refining margins
8.08
0.43
5.62 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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