US rig count hits 11-week low: Baker Hughes

04/10/2024 Argaam Exclusive

The US drilling rig count fell five units to 479 in the week ended Oct. 4, Baker Hughes energy services firm said in its closely followed report on Friday.

This is the lowest level since July 19 (477 units).

Meanwhile, the gas rig count increased three units to 102 in the week, the highest since July 19 (103 units).

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	497	484	479	(5)	(18)
Gas	118	99	102	3+	(16)
Oil & Gas	615	583	581	(2)	(34)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

62.73

(2.49)

(3.81 %)

Nymex

58.90

(2.66)

(4.33 %)

Natural Gas

3.11

(0.12)

(3.80 %)

Gold

4,017.00

36.45

0.92 %

Silver

50.07

0.99

2.01 %

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

2,012.00

(8.50)

(0.42 %)

Zinc

2,984.50

(29.50)

(0.98 %)

Steel

825.00

0.00

0.00 %

Wheat (CBOT)

498.50

(8.00)

(1.57 %)

Corn (CBOT)

413.00

(5.20)

(1.24 %)

Coffee (ICEUS)

373.05

(4.20)

(1.11 %)

Whole Milk Powder

4,662.50

(150.00)

(3.22 %)

Skim Milk Powder

2,625.00

(75.00)

(2.86 %)

Refining margins

14.54

0.47

3.34 %

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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