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US oil rig count down to 305 in week ending Feb. 19: Baker Hughes
19/02/2021
Argaam Exclusive
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The number of active US rigs drilling for oil declined by one to reach 305 in the week ending Feb. 19, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
Meanwhile, the natural gas rig count rose by one to reach 91 compared with the previous week.
Oil and gas exploration platforms - USA
| Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
|---|---|---|---|---|---|
| No. of Rig Count | 679 | 306 | 305 | (1) | (374) |
| Gas | 110 | 90 | 91 | 1+ | (19) |
| Oil & Gas | 789 | 396 | 396 | 0 | (393) |
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Price
Change (value)Change (%)
Brent Crude Oil
68.08
(0.26)
(0.38 %)
Nymex
66.36
(0.17)
(0.26 %)
Natural Gas
3.31
(0.08)
(2.45 %)
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(28.30)
(0.85 %)
Silver
36.74
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(1.01 %)
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5.01
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(0.94 %)
Iron Ore
96.24
1.11
1.17 %
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2,526.00
(45.00)
(1.77 %)
LEAD
2,046.50
(10.50)
(0.51 %)
Zinc
2,707.00
(23.50)
(0.86 %)
Steel
848.00
(3.00)
(0.35 %)
Wheat (CBOT)
545.00
(12.00)
(2.17 %)
Corn (CBOT)
426.75
(10.20)
(2.37 %)
Coffee (ICEUS)
289.60
(1.60)
(0.55 %)
Whole Milk Powder
5,087.50
62.50
1.23 %
Skim Milk Powder
2,812.50
0.00
0.00 %
Refining margins
11.55
0.10
0.87 %
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