US oil rig count falls one unit: Baker Hughes

22/08/2025 Argaam Exclusive

The number of US oil rigs declined last week, following two consecutive weeks of increases.

The active US oil rigs dropped by one unit to 411 in the week ending Aug. 22, according to data released by Baker Hughes on Friday.

Meanwhile, the natural gas rig count held steady at 122 during the same period.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	483	412	411	(1)	(72)
Gas	97	122	122	0	25
Oil & Gas	580	534	533	(1)	(47)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

67.73

0.06

0.09 %

Nymex

63.66

0.14

0.22 %

Natural Gas

2.70

(0.13)

(4.55 %)

Gold

3,372.63

33.99

1.02 %

Silver

38.90

0.76

1.98 %

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

1,990.50

20.50

1.04 %

Zinc

2,803.00

36.00

1.30 %

Steel

825.00

0.00

0.00 %

Wheat (CBOT)

527.25

(2.40)

(0.45 %)

Corn (CBOT)

411.50

(0.20)

(0.05 %)

Coffee (ICEUS)

378.30

13.30

3.64 %

Whole Milk Powder

4,950.00

12.50

0.25 %

Skim Milk Powder

2,787.50

62.50

2.24 %

Refining margins

10.71

(2.55)

(19.23 %)

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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