US gas rig count falls to lowest level since January 2022: Baker Hughes

05/04/2024 Argaam Exclusive

US oil rig count rose two units to 508 in the week ended April 5, General Electric Co.’s Baker Hughes energy services firm said in its report on Thursday.

 

Gas rig count fell by two to 110, the lowest level since the week ended Jan. 14, 2022 (109 rigs).

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 590 506 508 2+ (82)
Gas 158 112 110 (2) (48)
Oil & Gas 748 618 618 0 (130)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
60.50
(0.75)
(1.26 %)
Nymex
57.48
(0.78)
(1.37 %)
Natural Gas
3.70
0.08
2.07 %
Gold
3,314.30
75.03
2.31 %
Silver
32.42
0.41
1.29 %
High Grade Copper
4.74
0.06
1.37 %
Iron Ore
98.19
(1.06)
(1.07 %)
Aluminum
2,342.00
15.00
0.64 %
LEAD
1,931.00
(26.00)
(1.33 %)
Zinc
2,610.50
22.50
0.87 %
Steel
816.00
(2.00)
(0.25 %)
Wheat (CBOT)
541.00
(2.00)
(0.37 %)
Corn (CBOT)
465.75
(3.20)
(0.68 %)
Coffee (ICEUS)
385.40
0.75
0.19 %
Whole Milk Powder
4,975.00
162.50
3.27 %
Skim Milk Powder
2,750.00
62.50
2.27 %
Refining margins
11.92
(0.79)
(6.22 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.