US oil rigs rise for second week: Baker Hughes

20/10/2023 Argaam Exclusive

The US oil rigs increased by one to 502 in the week ended Oct. 20, Baker Hughes energy services firm said in its closely followed report on Friday.

 

Last week, the US oil rig count rose by four.

 

Meanwhile, gas rigs increased by one to reach 118.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 612 500 502 2+ (110)
Gas 157 114 118 4+ (39)
Oil & Gas 769 614 620 6+ (149)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
66.47
1.13
1.73 %
Nymex
64.58
1.21
1.91 %
Natural Gas
3.78
0.11
2.93 %
Gold
3,346.60
(28.50)
(0.84 %)
Silver
36.14
0.33
0.93 %
High Grade Copper
4.85
(0.09)
(1.73 %)
Iron Ore
96.18
0.48
0.50 %
Aluminum
2,399.50
(33.75)
(1.39 %)
LEAD
1,974.00
(5.00)
(0.25 %)
Zinc
2,661.00
(26.00)
(0.97 %)
Steel
915.00
(9.00)
(0.98 %)
Wheat (CBOT)
554.75
9.40
1.72 %
Corn (CBOT)
442.50
3.00
0.68 %
Coffee (ICEUS)
358.05
(1.70)
(0.47 %)
Whole Milk Powder
4,887.50
(37.50)
(0.77 %)
Skim Milk Powder
2,712.50
0.00
0.00 %
Refining margins
9.12
0.07
0.77 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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