US weekly rig count drop by 5 units: Baker Hughes

07/07/2023 Argaam Exclusive

The US drilling rig count decreased by five units to 540 in the week ended July 7, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

Meanwhile, the gas rig count increased by 11 to 135 in the week.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	597	545	540	(5)	(57)
Gas	153	124	135	11+	(18)
Oil & Gas	750	669	675	6+	(75)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

68.69

0.22

0.33 %

Nymex

66.91

0.43

0.65 %

Natural Gas

3.30

(0.09)

(2.66 %)

Gold

3,313.10

(33.20)

(0.99 %)

Silver

36.46

(0.71)

(1.91 %)

High Grade Copper

5.03

(0.03)

(0.64 %)

Iron Ore

96.24

1.11

1.17 %

Aluminum

2,518.25

(26.75)

(1.05 %)

LEAD

2,039.00

(18.00)

(0.87 %)

Zinc

2,694.50

(36.00)

(1.32 %)

Steel

840.00

(8.00)

(0.94 %)

Wheat (CBOT)

545.25

(11.40)

(2.06 %)

Corn (CBOT)

424.75

(12.20)

(2.84 %)

Coffee (ICEUS)

284.80

(4.80)

(1.67 %)

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 %

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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