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Baker Hughes: US oil rig count rises for second straight week
05/09/2025
Argaam Exclusive
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The number of active oil drilling rigs in the US increased during the week ending September 5, according to data published by Baker Hughes on Friday.
The oil rig count rose by two units to 414, following a one-rig increase the previous week.
Meanwhile, the natural gas rig count fell by one unit to 118 during the same period.
Oil and gas exploration platforms - USA
| Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
|---|---|---|---|---|---|
| No. of Rig Count | 483 | 412 | 414 | 2+ | (69) |
| Gas | 94 | 119 | 118 | (1) | 24 |
| Oil & Gas | 577 | 531 | 532 | 1+ | (45) |
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Name
Price
Change (value)Change (%)
Brent Crude Oil
67.04
0.53
0.79 %
Nymex
63.16
0.51
0.81 %
Natural Gas
3.11
0.00
0.10 %
Gold
3,642.65
18.00
0.50 %
Silver
41.07
0.22
0.53 %
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
1,975.00
(0.50)
(0.03 %)
Zinc
2,867.00
1.50
0.05 %
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
521.50
1.20
0.23 %
Corn (CBOT)
418.75
(1.00)
(0.24 %)
Coffee (ICEUS)
330.85
(2.90)
(0.87 %)
Whole Milk Powder
4,912.50
(37.50)
(0.76 %)
Skim Milk Powder
2,787.50
0.00
0.00 %
Refining margins
14.20
(0.05)
(0.35 %)
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