US rig count falls for 4th straight week: Baker Hughes

23/05/2025 Argaam Exclusive

The US drilling rig count declined – for the fourth straight week – by eight units to 465 in the week ended May 23, according to a recent report by Baker Hughes energy services firm.

 

The gas rig count also fell two units to 98 in the week.

 

Accordingly, the total number of oil and gas rigs reached 563 by the end of the week, the lowest since November 2021.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 497 473 465 (8) (32)
Gas 99 100 98 (2) (1)
Oil & Gas 596 573 563 (10) (33)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
68.55
0.10
0.15 %
Nymex
66.65
0.22
0.33 %
Natural Gas
3.59
0.04
1.01 %
Gold
3,322.99
(23.75)
(0.71 %)
Silver
37.96
(0.17)
(0.44 %)
High Grade Copper
5.48
(0.04)
(0.80 %)
Iron Ore
97.06
0.56
0.58 %
Aluminum
2,477.25
(7.25)
(0.29 %)
LEAD
1,970.00
(6.00)
(0.30 %)
Zinc
2,728.00
30.50
1.13 %
Steel
873.00
(8.00)
(0.91 %)
Wheat (CBOT)
535.50
(5.00)
(0.92 %)
Corn (CBOT)
423.00
(0.60)
(0.14 %)
Coffee (ICEUS)
306.50
(2.20)
(0.71 %)
Whole Milk Powder
5,087.50
62.50
1.23 %
Skim Milk Powder
2,812.50
0.00
0.00 %
Refining margins
12.86
0.72
5.93 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-
المزيد

Commodity Prices

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