US oil rig count declines 6 units: Baker Hughes

31/10/2025 Argaam Exclusive

The number of active oil drilling rigs in the US declined six units to 414 during the week ending Oct. 31, according to data released by Baker Hughes, following an increase in the previous week.

Meanwhile, the number of natural gas rigs rose four units to 125 over the same period.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	479	420	414	(6)	(65)
Gas	102	121	125	4+	23
Oil & Gas	581	541	539	(2)	(42)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

64.77

0.40

0.62 %

Nymex

60.98

0.41

0.68 %

Natural Gas

4.12

0.17

4.14 %

Gold

4,002.85

(21.61)

(0.54 %)

Silver

48.68

(0.24)

(0.49 %)

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

2,023.00

1.00

0.05 %

Zinc

3,049.50

6.50

0.21 %

Steel

825.00

0.00

0.00 %

Wheat (CBOT)

534.00

9.60

1.83 %

Corn (CBOT)

431.50

1.20

0.28 %

Coffee (ICEUS)

392.05

0.05

0.01 %

Whole Milk Powder

4,150.00

(200.00)

(4.82 %)

Skim Milk Powder

2,500.00

(50.00)

(2.00 %)

Refining margins

18.88

0.24

1.29 %

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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