US rig count falls for third straight week: Baker Hughes

16/05/2025 Argaam Exclusive

The US drilling rig count fell for the third consecutive week, declining one unit to 473 in the week ended May 16, according to energy services firm Baker Hughes.
 

The gas rig count also fell one unit to 100 in the week.

 

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 497 474 473 (1) (24)
Gas 103 101 100 (1) (3)
Oil & Gas 600 575 573 (2) (27)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
66.99
0.62
0.94 %
Nymex
62.69
0.32
0.51 %
Natural Gas
2.94
0.01
0.24 %
Gold
3,643.17
9.28
0.26 %
Silver
42.18
0.63
1.51 %
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
2,017.00
23.00
1.15 %
Zinc
2,950.00
46.00
1.58 %
Steel
825.00
0.00
0.00 %
Wheat (CBOT)
523.50
2.00
0.38 %
Corn (CBOT)
430.00
10.20
2.43 %
Coffee (ICEUS)
396.85
10.75
2.78 %
Whole Milk Powder
4,912.50
(37.50)
(0.76 %)
Skim Milk Powder
2,787.50
0.00
0.00 %
Refining margins
10.38
(3.82)
(26.90 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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