Baker Hughes says US oil rig count unchanged for second week

30/08/2024 Argaam Exclusive

The US drilling rig count remained unchanged for the second straight week at 483 in the week ended Aug. 30.

 

Meanwhile, thegas rig count declined by two to 95, the lowest level since April 23, 2021 (94 rigs).

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 512 483 483 0 (29)
Gas 114 97 95 (2) (19)
Oil & Gas 626 580 578 (2) (48)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
69.02
0.56
0.82 %
Nymex
67.41
0.90
1.37 %
Natural Gas
3.43
0.04
1.32 %
Gold
3,330.15
(6.08)
(0.18 %)
Silver
36.90
(0.23)
(0.62 %)
High Grade Copper
5.02
(0.04)
(0.81 %)
Iron Ore
96.24
1.11
1.17 %
Aluminum
2,510.50
(34.50)
(1.35 %)
LEAD
2,037.50
(19.50)
(0.95 %)
Zinc
2,683.00
(47.50)
(1.74 %)
Steel
842.00
(7.00)
(0.83 %)
Wheat (CBOT)
547.75
(9.20)
(1.66 %)
Corn (CBOT)
421.00
(16.40)
(3.82 %)
Coffee (ICEUS)
278.25
(11.35)
(3.95 %)
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" ($)
-
-
-

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