US oil rigs increase for 5th straight week, says Baker Hughes

26/09/2025 Argaam Exclusive

The US oil rig count increased by six to 424 units in the week ended Sept. 26, according to Baker Hughes data on Friday, signaling a potential rebound in US crude production in the future.

The increase marks the fifth consecutive weekly gain.

Meanwhile, the number of natural gas rigs decreased by one to 117.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	484	418	424	6+	(60)
Gas	99	118	117	(1)	18
Oil & Gas	583	536	541	5+	(42)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

70.13

0.71

1.02 %

Nymex

65.72

0.74

1.13 %

Natural Gas

3.21

0.01

0.34 %

Gold

3,759.94

10.53

0.28 %

Silver

46.05

0.87

1.92 %

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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