US oil rig count rises: Baker Hughes

24/10/2025 Argaam Exclusive

The number of oil rigs in the US increased by two to 420 for the week ended Oct. 24, Baker Hughes data showed.

 

Meanwhile, the number of natural gas rigs was unchanged at 121 during the same week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 480 418 420 2+ (60)
Gas 101 121 121 0 20
Oil & Gas 581 539 541 2+ (40)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
65.94
(0.05)
(0.08 %)
Nymex
61.50
(0.29)
(0.47 %)
Natural Gas
3.30
(0.04)
(1.22 %)
Gold
4,113.41
(12.47)
(0.30 %)
Silver
48.59
(0.32)
(0.65 %)
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
2,014.00
3.50
0.17 %
Zinc
3,019.50
(3.00)
(0.10 %)
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
512.50
(0.40)
(0.08 %)
Corn (CBOT)
423.25
(4.60)
(1.08 %)
Coffee (ICEUS)
403.00
(7.15)
(1.74 %)
Whole Milk Powder
4,350.00
(312.50)
(7.18 %)
Skim Milk Powder
2,550.00
(75.00)
(2.94 %)
Refining margins
13.72
3.07
28.83 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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