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

14/06/2024 Argaam Exclusive

The US oil drilling rig count decreased in the week ended June 14, while the gas rigs number remained unchanged, Baker Hughes said in its report on June 14.

Oil rigs declined by four to 488 units—the lowest level since Jan. 7, 2022 (481 rigs).

Gas rigs remained unchanged at 98 compared to the previous week.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	552	492	488	(4)	(64)
Gas	130	98	98	0	(32)
Oil & Gas	682	590	586	(4)	(96)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

64.54

0.49

0.77 %

Nymex

61.27

0.09

0.15 %

Natural Gas

3.68

0.39

11.80 %

Gold

3,328.50

33.49

1.02 %

Silver

33.09

0.07

0.20 %

High Grade Copper

4.72

0.04

0.89 %

Iron Ore

99.89

(0.16)

(0.16 %)

Aluminum

2,402.25

12.50

0.52 %

LEAD

1,986.50

22.50

1.15 %

Zinc

2,698.00

(4.00)

(0.15 %)

Steel

817.00

(7.00)

(0.85 %)

Wheat (CBOT)

542.00

(2.40)

(0.44 %)

Corn (CBOT)

462.25

(1.00)

(0.22 %)

Coffee (ICEUS)

358.25

(2.85)

(0.79 %)

Whole Milk Powder

4,925.00

(50.00)

(1.02 %)

Skim Milk Powder

2,712.50

(37.50)

(1.38 %)

Refining margins

10.92

(1.39)

(11.29 %)

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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