US rig count rises 7 units to 531 last week: Baker Hughes

25/03/2022 Argaam Exclusive

The US drilling rig count rose seven units to 531 in the week ended March 25, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
 

Meanwhile, the gas rig count kept flat at 137 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 324 524 531 7+ 207
Gas 92 137 137 0 45
Oil & Gas 416 661 668 7+ 252

Changes in the number of platforms - USA

Name
 
Price
Change (value)Change (%)
Brent Crude Oil
82.91
(0.98) (1.16 %)
Nymex
78.25
(0.96) (1.21 %)
Natural Gas
2.26
(0.05) (2.08 %)
Gold
2,368.52
22.47 0.96 %
Silver
28.25
(0.07) (0.24 %)
High Grade Copper
4.66
0.07 1.54 %
Iron Ore
116.96
0.37 0.32 %
Aluminum
2,530.25
(34.00) (1.32 %)
LEAD
2,225.50
(8.50) (0.38 %)
Zinc
2,941.00
31.00 1.06 %
Steel
827.00
(5.00) (0.60 %)
Wheat (CBOT)
664.25
27.20 4.27 %
Corn (CBOT)
469.75
13.00 2.84 %
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
10.89
0.22 2.06 %
VLCC "Spot"
-
- -
LPG (mt) ($)
-
- -
Fujairah Fuel Pric (mt) ($)
-
- -
VLCC "TC/1Year" ($)
-
- -
MR Atlantic ($)
-
- -
Dry Bulk Panamax ($)
-
- -

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