US weekly rig count unchanged

11/08/2023 Argaam Exclusive

The US drilling rig count remained unchanged at 525 in the week ended Aug. 11, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

The gas rig count declined by five to 123 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 601 525 525 0 (76)
Gas 160 128 123 (5) (37)
Oil & Gas 761 653 648 (5) (113)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
62.22
(1.08)
(1.70 %)
Nymex
58.57
(0.92)
(1.54 %)
Natural Gas
3.01
(0.10)
(3.25 %)
Gold
4,132.77
22.94
0.56 %
Silver
51.45
(0.43)
(0.83 %)
High Grade Copper
4.48
(0.01)
(0.30 %)
Iron Ore
102.03
(0.38)
(0.37 %)
Aluminum
2,545.75
(8.00)
(0.31 %)
LEAD
1,981.50
(12.00)
(0.60 %)
Zinc
2,948.00
(64.00)
(2.12 %)
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
500.25
3.20
0.64 %
Corn (CBOT)
411.50
0.40
0.10 %
Coffee (ICEUS)
398.20
13.50
3.52 %
Whole Milk Powder
4,350.00
(312.50)
(7.18 %)
Skim Milk Powder
2,550.00
(75.00)
(2.94 %)
Refining margins
10.40
(0.35)
(3.26 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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