US oil rig count steady at 418: Baker Hughes

17/10/2025 Argaam Exclusive

The number of active oil rigs in the US was unchanged at 418 during the week ended Oct. 17, following two consecutive weeks of declines, Baker Hughes data showed.

 

Meanwhile, the number of natural gas rigs increased by one unit to reach 121 during the same period.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 482 418 418 0 (64)
Gas 99 120 121 1+ 22
Oil & Gas 581 538 539 1+ (42)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
61.29
0.23
0.38 %
Nymex
57.54
0.08
0.14 %
Natural Gas
3.01
0.07
2.39 %
Gold
4,249.87
(76.22)
(1.76 %)
Silver
51.96
(2.18)
(4.02 %)
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
1,971.00
1.00
0.05 %
Zinc
2,942.50
(25.50)
(0.86 %)
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
503.75
1.20
0.24 %
Corn (CBOT)
422.50
0.40
0.09 %
Coffee (ICEUS)
397.45
3.65
0.93 %
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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