US oil rig count rises, says Baker Hughes

16/01/2026 Argaam Exclusive

US drillers added one oil rig week-on-week to 410, energy services firm Baker Hughes said in its closely followed report on Friday, Jan. 16.

 

However, natural gas rigs decreased by two to 122.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 478 409 410 1+ (68)
Gas 98 124 122 (2) 24
Oil & Gas 576 533 532 (1) (44)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
64.13
0.37
0.58 %
Nymex
59.44
0.25
0.42 %
Natural Gas
3.10
(0.03)
(0.79 %)
Gold
4,595.40
(28.30)
(0.61 %)
Silver
90.13
(2.26)
(2.45 %)
High Grade Copper
5.83
(0.16)
(2.68 %)
Iron Ore
107.15
(0.24)
(0.22 %)
Aluminum
3,097.50
(47.00)
(1.49 %)
LEAD
2,038.00
(58.50)
(2.79 %)
Zinc
3,207.00
(105.00)
(3.18 %)
Steel
964.00
0.00
0.00 %
Wheat (CBOT)
518.00
7.40
1.45 %
Corn (CBOT)
424.75
4.40
1.05 %
Coffee (ICEUS)
355.30
(2.90)
(0.81 %)
Whole Milk Powder
3,487.50
(12.50)
(0.36 %)
Skim Milk Powder
2,337.50
(50.00)
(2.14 %)
Refining margins
10.32
(1.92)
(15.69 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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