08/03/2024
Argaam Exclusive
The US drilling rig count decreased by two week-on-week to504 in the week ended March8, Baker Hughes energy services firm said in its closely followed report on Friday.
Meanwhile, the gas rig count fell by four to 115, the lowest level compared to 114 in the week ended Nov. 17.
Oil and gas exploration platforms – USA
Item
Year Before
Last Week
Current
Weekly Change
Yearly Change
No. of Rig Count
590
506
504
(2)
(86)
Gas
153
119
115
(4)
(38)
Oil & Gas
743
625
619
(6)
(124)
Changes in the number of platforms – USA
Commodities
Name
Price
Change (value)Change (%)
Brent Crude Oil
82.08
(0.88)
(1.06 %)
Nymex
78.01
(0.92)
(1.16 %)
Natural Gas
1.81
(0.01)
(0.72 %)
Gold
2,185.50
20.30
0.94 %
Silver
24.55
(0.03)
(0.12 %)
High Grade Copper
3.89
(0.03)
(0.88 %)
Iron Ore
117.05
(0.91)
(0.78 %)
Aluminum
2,220.50
(14.25)
(0.64 %)
LEAD
2,100.00
(8.00)
(0.38 %)
Zinc
2,522.00
(7.00)
(0.28 %)
Wheat (CBOT)
537.75
9.20
1.74 %
Corn (CBOT)
439.75
1.60
0.37 %
Coffee (ICEUS)
185.20
(7.00)
(3.68 %)
Whole Milk Powder
3,937.50
25.00
0.63 %
Skim Milk Powder
2,762.50
62.50
2.26 %
Refining margins
9.93
(1.73)
(14.84 %)
Fujairah Fuel Pric (mt) ($)
–
–
–
VLCC “TC/1Year” ($)
–
–
–
Dry Bulk Panamax ($)
–
–
–
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