US drillers add 7 oil rigs in week ending Feb. 12: Baker Hughes

12/02/2021 Argaam Exclusive

The number of active US rigs drilling for oil increased by seven to reach 306 in the week ending Feb. 12, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

 

Meanwhile, the natural gas rig count fell by two to reach 90 compared with the previous week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 678 299 306 7+ (372)
Gas 110 92 90 (2) (20)
Oil & Gas 788 391 396 5+ (392)

Changes in the number of platforms - USA

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
82.79
(1.09) (1.29 %)
Nymex
78.26
(1.00) (1.26 %)
Natural Gas
2.25
(0.05) (2.12 %)
Gold
2,375.00
34.70 1.47 %
Silver
28.51
0.14 0.49 %
High Grade Copper
4.66
0.08 1.68 %
Iron Ore
116.93
(0.03) (0.03 %)
Aluminum
2,530.25
(39.75) (1.55 %)
LEAD
2,225.50
(8.50) (0.38 %)
Zinc
2,941.00
31.00 1.06 %
Steel
758.00
(6.00) (0.78 %)
Wheat (CBOT)
663.50
26.00 4.08 %
Corn (CBOT)
469.75
13.20 2.89 %
Coffee (ICEUS)
201.15
(0.30) (0.15 %)
Whole Milk Powder
3,887.50
12.50 0.32 %
Skim Milk Powder
2,525.00
(50.00) (1.98 %)
Refining margins
8.49
(2.05) (19.45 %)
VLCC "Spot"
-
- -
LPG (mt) ($)
-
- -
Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
- -

Commodity Prices

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