US oil rig count rises: Report

24/12/2025 Argaam Exclusive

The number of oil drilling rigs in the United States increased during the week ended Dec. 23, signaling the potential for higher oil supplies in the future.

Data released on Dec. 23 by Baker Hughes showed that the US oil rig count rose by three rigs to 409 this week.

Meanwhile, the number of natural gas drilling rigs remained unchanged at 127 during the same period, according to the data, which is usually published on Fridays but was released on Tuesday due to the Christmas holiday.

Oil and gas exploration platforms - USA

Item	Year Before	Last Week	Current	Weekly Change	Yearly Change
No. of Rig Count	483	406	409	3+	(74)
Gas	102	127	127	0	25
Oil & Gas	585	533	536	3+	(49)

Month
3 Months
6 Months
Year
3 Years
All

Commodities

Name

Price

Change (value)

Change (%)

Brent Crude Oil

62.24

(0.14)

(0.22 %)

Nymex

58.35

0.02

0.03 %

Natural Gas

4.24

(0.16)

(3.60 %)

Gold

4,477.81

(5.50)

(0.12 %)

Silver

71.75

0.45

0.63 %

High Grade Copper

5.58

0.02

0.38 %

Iron Ore

106.94

(0.01)

(0.01 %)

Aluminum

2,967.50

6.50

0.22 %

LEAD

1,997.50

16.00

0.80 %

Zinc

3,086.50

(8.00)

(0.26 %)

Steel

941.00

4.00

0.42 %

Wheat (CBOT)

521.75

5.40

1.04 %

Corn (CBOT)

451.00

3.00

0.67 %

Coffee (ICEUS)

345.15

(1.80)

(0.52 %)

Whole Milk Powder

3,500.00

(175.00)

(5.00 %)

Skim Milk Powder

2,387.50

(25.00)

(1.05 %)

Refining margins

9.88

(0.63)

(5.99 %)

VLCC "Spot"

LPG (mt) ($)

Fujairah Fuel Pric (mt) ($)

VLCC "TC/1Year" ($)

المزيد

Commodity Prices

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