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US oil rig count rises for second week: Report
31/12/2025
Argaam Exclusive
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The number of oil drilling rigs in the United States increased during the week ended Dec. 30, rising for the second consecutive week.
Data released on Dec. 30 by Baker Hughes showed that the US oil rig count rose by three to 412 this week, signaling the potential for higher crude supply in the future.
Meanwhile, the number of natural gas drilling rigs declined by two to 125 during the same period, after remaining unchanged in the previous week.
Baker Hughes typically releases these data on Fridays; however, they were published on Tuesday due to the upcoming New Year’s Day holiday on Thursday.
Oil and gas exploration platforms - USA
| Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
|---|---|---|---|---|---|
| No. of Rig Count | 483 | 412 | 412 | 0 | (71) |
| Gas | 102 | 125 | 125 | 0 | 23 |
| Oil & Gas | 585 | 537 | 537 | 0 | (48) |
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Price
Change (value)Change (%)
Brent Crude Oil
61.26
(0.07)
(0.12 %)
Nymex
57.84
(0.14)
(0.24 %)
Natural Gas
3.83
(0.14)
(3.55 %)
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4,321.37
(18.17)
(0.42 %)
Silver
72.06
(4.21)
(5.53 %)
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5.66
(0.13)
(2.19 %)
Iron Ore
107.13
0.05
0.05 %
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2,958.00
(6.25)
(0.21 %)
LEAD
2,018.00
5.50
0.27 %
Zinc
3,104.50
(22.50)
(0.72 %)
Steel
894.00
4.00
0.45 %
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508.25
(2.20)
(0.43 %)
Corn (CBOT)
439.25
(1.20)
(0.27 %)
Coffee (ICEUS)
315.65
(1.45)
(0.46 %)
Whole Milk Powder
3,500.00
(175.00)
(5.00 %)
Skim Milk Powder
2,387.50
(25.00)
(1.05 %)
Refining margins
9.88
(0.63)
(5.99 %)
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