US rig count falls 5 units: Baker Hughes

29/09/2023 Argaam Exclusive

The US drilling rig count dropped five units to 502 in the week ended Sept. 29, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

This is the lowest level since Feb. 4, 2022, when it reached 497.

Meanwhile, the gas rig count moved down two units to 116 in the week.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	604	507	502	(5)	(102)
Gas	159	118	116	(2)	(43)
Oil & Gas	763	625	618	(7)	(145)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

60.60

0.10

0.17 %

Nymex

56.75

1.47

2.66 %

Natural Gas

4.10

0.01

0.33 %

Gold

4,344.91

1.93

0.04 %

Silver

66.47

2.71

4.25 %

High Grade Copper

5.42

0.06

1.18 %

Iron Ore

106.36

0.26

0.24 %

Aluminum

2,910.00

38.25

1.33 %

LEAD

1,961.00

19.00

0.98 %

Zinc

3,071.50

36.50

1.20 %

Steel

900.00

0.00

0.00 %

Wheat (CBOT)

506.25

(3.00)

(0.59 %)

Corn (CBOT)

440.50

4.40

1.01 %

Coffee (ICEUS)

347.40

(4.70)

(1.34 %)

Whole Milk Powder

3,675.00

(175.00)

(4.76 %)

Skim Milk Powder

2,412.50

(12.50)

(0.52 %)

Refining margins

8.35

(0.25)

(2.91 %)

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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