US oil rig count rises for second week: Report

31/12/2025 Argaam Exclusive

The number of oil drilling rigs in the United States increased during the week ended Dec. 30, rising for the second consecutive week.

 

Data released on Dec. 30 by Baker Hughes showed that the US oil rig count rose by three to 412 this week, signaling the potential for higher crude supply in the future.

 

Meanwhile, the number of natural gas drilling rigs declined by two to 125 during the same period, after remaining unchanged in the previous week.

 

Baker Hughes typically releases these data on Fridays; however, they were published on Tuesday due to the upcoming New Year’s Day holiday on Thursday.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 483 412 412 0 (71)
Gas 102 125 125 0 23
Oil & Gas 585 537 537 0 (48)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
61.44
0.12
0.19 %
Nymex
58.23
0.28
0.48 %
Natural Gas
3.77
(0.20)
(5.11 %)
Gold
4,314.75
(23.25)
(0.54 %)
Silver
71.72
(4.34)
(5.70 %)
High Grade Copper
5.68
(0.10)
(1.82 %)
Iron Ore
107.13
0.05
0.05 %
Aluminum
2,961.50
(4.25)
(0.14 %)
LEAD
2,004.50
(8.00)
(0.40 %)
Zinc
3,101.50
(25.50)
(0.82 %)
Steel
894.00
4.00
0.45 %
Wheat (CBOT)
508.25
(2.20)
(0.43 %)
Corn (CBOT)
439.25
(1.20)
(0.27 %)
Coffee (ICEUS)
350.80
0.50
0.14 %
Whole Milk Powder
3,500.00
(175.00)
(5.00 %)
Skim Milk Powder
2,387.50
(25.00)
(1.05 %)
Refining margins
10.12
1.06
11.70 %
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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