US rig count falls for 9th straight week: Baker Hughes

27/06/2025 Argaam Exclusive

The US drilling rig count kept falling for the ninth straight week, down six units to 432 in the week ended June 27, Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the gas rig count decreased two units to 109 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 479 438 432 (6) (47)
Gas 97 111 109 (2) 12
Oil & Gas 576 549 541 (8) (35)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
68.23
(0.64)
(0.93 %)
Nymex
66.38
(0.65)
(0.97 %)
Natural Gas
3.39
(0.02)
(0.50 %)
Gold
3,332.74
7.08
0.21 %
Silver
36.85
0.03
0.07 %
High Grade Copper
5.05
(0.09)
(1.76 %)
Iron Ore
96.24
1.11
1.17 %
Aluminum
2,541.50
(29.50)
(1.16 %)
LEAD
2,058.00
(5.00)
(0.24 %)
Zinc
2,725.50
(12.50)
(0.46 %)
Steel
861.00
19.00
2.20 %
Wheat (CBOT)
556.75
(7.20)
(1.28 %)
Corn (CBOT)
437.00
3.40
0.79 %
Coffee (ICEUS)
289.60
(1.60)
(0.55 %)
Whole Milk Powder
5,025.00
87.50
1.74 %
Skim Milk Powder
2,812.50
62.50
2.22 %
Refining margins
12.91
0.13
1.02 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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