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US oil rigs rise for second week: Baker Hughes
20/10/2023
Argaam Exclusive
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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) |
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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 %
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