US oil rig count falls to lowest level since January 2022: Baker Hughes
The US oil drilling rig count decreased in the week ended June 14, while the gas rigs number remained unchanged, Baker Hughes said in its report on June 14.
Oil rigs declined by four to 488 units—the lowest level since Jan. 7, 2022 (481 rigs).
Gas rigs remained unchanged at 98 compared to the previous week.
Oil and gas exploration platforms - USA
Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
---|---|---|---|---|---|
No. of Rig Count | 552 | 492 | 488 | (4) | (64) |
Gas | 130 | 98 | 98 | 0 | (32) |
Oil & Gas | 682 | 590 | 586 | (4) | (96) |
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Name
Price
Change (value)Change (%)
Brent Crude Oil
64.83
0.79
1.24 %
Nymex
61.70
0.53
0.87 %
Natural Gas
3.72
0.43
12.96 %
Gold
3,356.20
59.20
1.80 %
Silver
33.46
0.23
0.68 %
High Grade Copper
4.78
0.10
2.07 %
Iron Ore
99.89
(0.16)
(0.16 %)
Aluminum
2,395.50
5.75
0.24 %
LEAD
1,983.00
19.00
0.97 %
Zinc
2,699.50
(2.50)
(0.09 %)
Steel
807.00
(3.00)
(0.37 %)
Wheat (CBOT)
540.25
(4.20)
(0.77 %)
Corn (CBOT)
458.00
(5.00)
(1.08 %)
Coffee (ICEUS)
359.45
(0.90)
(0.25 %)
Whole Milk Powder
4,925.00
(50.00)
(1.02 %)
Skim Milk Powder
2,712.50
(37.50)
(1.38 %)
Refining margins
10.92
(1.39)
(11.29 %)
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