09/02/2024
Argaam Exclusive
The US drilling rig count held steady for the third consecutive week at 499 in the week ended Feb. 9, Baker Hughes energy services firm said in its closely followed report on Friday.
Meanwhile, the gas rig count rose by four to 121. This is the highest level compared to 123 in the week ended Aug. 11.
Oil and gas exploration platforms – USA
Item
Year Before
Last Week
Current
Weekly Change
Yearly Change
No. of Rig Count
609
499
499
0
(110)
Gas
150
117
121
4+
(29)
Oil & Gas
759
616
620
4+
(139)
Changes in the number of platforms – USA
Commodities
Name
Price
Change (value)Change (%)
Brent Crude Oil
82.19
0.56
0.69 %
Natural Gas
1.85
(0.07)
(3.71 %)
Gold
2,038.70
(9.20)
(0.45 %)
Silver
22.59
(0.04)
(0.19 %)
High Grade Copper
3.68
(0.02)
(0.55 %)
Iron Ore
128.75
(0.32)
(0.25 %)
Aluminum
2,194.25
18.75
0.85 %
LEAD
2,041.50
(11.00)
(0.54 %)
Steel
828.00
(6.00)
(0.73 %)
Wheat (CBOT)
596.75
8.20
1.39 %
Corn (CBOT)
429.00
(4.40)
(1.02 %)
Coffee (ICEUS)
191.50
5.65
3.02 %
Whole Milk Powder
3,987.50
(125.00)
(3.13 %)
Skim Milk Powder
2,737.50
(62.50)
(2.28 %)
Refining margins
13.85
0.30
2.21 %
Fujairah Fuel Pric (mt) ($)
–
–
–
VLCC “TC/1Year” ($)
–
–
–
Dry Bulk Panamax ($)
–
–
–
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