US oil rig count decreases: Baker Hughes

27/03/2026 Argaam Exclusive

The number of oil drilling rigs in the US decreased by five units to 409 in the week ending March 27, according to data released Friday by Baker Hughes.

 

Meanwhile, natural gas rigs declined nine units to 536 during the same period.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 484 414 409 (5) (75)
Gas 103 131 127 (4) 24
Oil & Gas 587 545 536 (9) (51)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
112.57
4.56
4.28 %
Nymex
99.64
5.16
5.53 %
Natural Gas
3.03
0.10
3.32 %
Gold
4,524.30
115.30
2.62 %
Silver
69.76
1.78
2.62 %
High Grade Copper
5.49
0.02
0.32 %
Iron Ore
106.22
0.08
0.08 %
Aluminum
3,190.25
21.25
0.67 %
LEAD
1,900.50
10.50
0.56 %
Zinc
3,106.50
33.00
1.07 %
Steel
1,067.00
(3.00)
(0.28 %)
Wheat (CBOT)
605.00
0.00
0.00 %
Corn (CBOT)
462.00
(5.00)
(1.07 %)
Coffee (ICEUS)
301.70
(5.95)
(1.94 %)
Whole Milk Powder
3,875.00
100.00
2.58 %
Skim Milk Powder
3,012.50
150.00
4.98 %
Refining margins
23.68
0.23
0.98 %
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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