US rig count hits 31-week high: Baker Hughes

19/04/2024 Argaam Exclusive

The US drilling rig count rose five units to 511 in the week ended April 19, Baker Hughes energy services firm said in its closely followed report on Friday.

This is the highest level since Sept. 15, 2023, when it reached 515.

Meanwhile, the gas rig count fell three units to 106 in the week, the lowest level since Dec. 17, 2021, when it reached 104.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	591	506	511	5+	(80)
Gas	159	109	106	(3)	(53)
Oil & Gas	750	615	617	2+	(133)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

69.71

0.13

0.19 %

Nymex

65.45

0.46

0.71 %

Natural Gas

3.18

(0.05)

(1.64 %)

Gold

3,766.07

17.63

0.47 %

Silver

46.08

0.92

2.03 %

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

2,001.50

(7.50)

(0.37 %)

Zinc

2,886.50

(33.50)

(1.15 %)

Steel

825.00

0.00

0.00 %

Wheat (CBOT)

519.75

(7.20)

(1.37 %)

Corn (CBOT)

422.00

(3.60)

(0.85 %)

Coffee (ICEUS)

378.05

6.70

1.79 %

Whole Milk Powder

4,812.50

(100.00)

(2.08 %)

Skim Milk Powder

2,700.00

(87.50)

(3.24 %)

Refining margins

17.12

0.65

3.95 %

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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