US oil rig count declines 3 units to 409: Baker Hughes

09/01/2026 Argaam Exclusive

The number of oil rigs in the US declined three units to 409 during the week ended Jan. 9, following increases over the previous two weeks, data released on Friday by Baker Hughes showed.

The number of natural gas rigs also decreased by one unit to 124 over the same period.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	480	412	409	(3)	(71)
Gas	100	125	124	(1)	24
Oil & Gas	580	537	533	(4)	(47)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

64.30

0.97

1.53 %

Nymex

59.50

0.38

0.64 %

Natural Gas

3.41

0.24

7.29 %

Gold

4,614.70

113.80

2.51 %

Silver

85.00

0.16

0.20 %

High Grade Copper

6.03

0.13

2.19 %

Iron Ore

108.03

0.38

0.35 %

Aluminum

3,136.25

53.50

1.71 %

LEAD

2,052.00

7.50

0.37 %

Zinc

3,210.50

61.50

1.95 %

Steel

952.00

4.00

0.42 %

Wheat (CBOT)

511.25

(5.20)

(1.01 %)

Corn (CBOT)

421.50

(24.00)

(5.39 %)

Coffee (ICEUS)

356.05

(1.55)

(0.43 %)

Whole Milk Powder

3,487.50

(12.50)

(0.36 %)

Skim Milk Powder

2,337.50

(50.00)

(2.14 %)

Refining margins

11.57

(3.08)

(21.02 %)

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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