US rig count falls to lowest since January 2022: Baker Hughes

03/11/2023 Argaam Exclusive

The US drilling rig count decreased in the week ended Nov. 3, Baker Hughes energy services firm said in its closely followed report on Friday.

 

The drilling rigs dropped by eight to 496, the lowest level since Jan. 28, 2022.

 

Meanwhile, the gas rig count rose by one unit to 118 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 613 504 496 (8) (117)
Gas 155 117 118 1+ (37)
Oil & Gas 768 621 614 (7) (154)

Changes in the number of platforms - USA

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
81.11
(0.77) (0.94 %)
Nymex
76.99
(0.92) (1.18 %)
Natural Gas
2.59
0.02 0.58 %
Gold
2,345.80
(20.70) (0.88 %)
Silver
30.44
(1.09) (3.49 %)
High Grade Copper
4.60
(0.06) (1.21 %)
Iron Ore
117.52
(0.10) (0.09 %)
Aluminum
2,630.75
(53.50) (2.00 %)
LEAD
2,273.50
(6.00) (0.26 %)
Zinc
2,983.50
(78.00) (2.56 %)
Steel
761.00
(17.00) (2.23 %)
Wheat (CBOT)
678.50
(2.40) (0.35 %)
Corn (CBOT)
446.25
(2.40) (0.53 %)
Coffee (ICEUS)
222.35
(10.65) (4.55 %)
Whole Milk Powder
4,012.50
100.00 2.49 %
Skim Milk Powder
2,612.50
87.50 3.35 %
Refining margins
9.46
(1.85) (16.36 %)
VLCC "Spot"
-
- -
LPG (mt) ($)
-
- -
Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
- -

Commodity Prices

Comments {{getCommentCount()}}

Be the first to comment

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

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.