US drillers cut oil rigs for 13th week: Baker Hughes

25/07/2025 Argaam Exclusive

The US drilling rig count continued to decrease for the 13th straight week, while gas rigs increased in the week ended July 25, Baker Hughes energy services firm said in its closely followed report on Friday.

US drillers lowered the oil rigs seven to 415 units, while the gas rig count rose by five to 122.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	482	422	415	(7)	(67)
Gas	101	117	122	5+	21
Oil & Gas	583	539	537	(2)	(46)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

68.44

(0.74)

(1.07 %)

Nymex

65.16

(0.87)

(1.32 %)

Natural Gas

3.11

0.02

0.51 %

Gold

3,335.60

(37.90)

(1.12 %)

Silver

38.37

(0.86)

(2.19 %)

High Grade Copper

5.79

(0.02)

(0.28 %)

Iron Ore

98.55

(0.03)

(0.03 %)

Aluminum

2,595.25

(18.75)

(0.72 %)

LEAD

2,020.00

(0.50)

(0.02 %)

Zinc

2,829.00

(11.50)

(0.40 %)

Steel

847.00

(2.00)

(0.24 %)

Wheat (CBOT)

538.25

(3.20)

(0.59 %)

Corn (CBOT)

419.00

(1.60)

(0.38 %)

Coffee (ICEUS)

297.55

(7.30)

(2.39 %)

Whole Milk Powder

5,037.50

(50.00)

(0.99 %)

Skim Milk Powder

2,775.00

(37.50)

(1.35 %)

Refining margins

12.55

(1.80)

(12.54 %)

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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