US drillers add oil rigs for first time in 14 weeks: Baker Hughes

08/08/2025 Argaam Exclusive

US drillers added oil rigs for the first time in 14 weeks, energy services firm Baker Hughes said in its closely followed report on Friday, Aug. 8.
 

The oil rig count increased by one week-on-week to 411.

 

However, natural gas rigs decreased by one to 123.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 485 410 411 1+ (74)
Gas 97 124 123 (1) 26
Oil & Gas 582 534 534 0 (48)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
61.51
(0.90)
(1.44 %)
Nymex
58.27
0.05
0.09 %
Natural Gas
2.95
(0.08)
(2.64 %)
Gold
4,277.53
70.73
1.68 %
Silver
53.71
1.01
1.92 %
High Grade Copper
4.48
(0.01)
(0.30 %)
Iron Ore
102.03
(0.38)
(0.37 %)
Aluminum
2,545.75
(8.00)
(0.31 %)
LEAD
1,966.50
(17.50)
(0.88 %)
Zinc
2,966.00
28.50
0.97 %
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
501.25
2.40
0.48 %
Corn (CBOT)
422.50
5.40
1.30 %
Coffee (ICEUS)
393.60
(1.85)
(0.48 %)
Whole Milk Powder
4,350.00
(312.50)
(7.18 %)
Skim Milk Powder
2,550.00
(75.00)
(2.94 %)
Refining margins
9.42
(0.78)
(7.65 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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