28/06/2024
Argaam Exclusive
The US drilling rig count fell for the fifth straight week, declining six units to 479 in the week ended June 28, Baker Hughes energy services firm said in its closely followed report on Friday.
This is the lowest level since Dec. 17, 2021, when the rig count reached 475.
Meanwhile, the gas rig count fell one unit to 97 in the week, the lowest level since June 11, 2021 (96 units).
Oil and gas exploration platforms – USA
Item
Year Before
Last Week
Current
Weekly Change
Yearly Change
No. of Rig Count
545
485
479
(6)
(66)
Gas
124
98
97
(1)
(27)
Oil & Gas
669
583
576
(7)
(93)
Changes in the number of platforms – USA
Name
Price
Change (value)Change (%)
Brent Crude Oil
85.00
(0.26)
(0.30 %)
Nymex
81.54
(0.20)
(0.24 %)
Natural Gas
2.60
(0.08)
(3.11 %)
Gold
2,339.60
3.00
0.13 %
High Grade Copper
4.39
0.04
0.99 %
Iron Ore
106.51
(0.05)
(0.05 %)
Aluminum
2,493.50
35.25
1.44 %
LEAD
2,221.50
36.50
1.67 %
Zinc
2,936.50
(7.50)
(0.25 %)
Steel
674.00
(2.00)
(0.29 %)
Wheat (CBOT)
573.40
(6.00)
(1.04 %)
Corn (CBOT)
420.60
(13.00)
(3.00 %)
Coffee (ICEUS)
226.80
0.45
0.20 %
Whole Milk Powder
4,112.50
(25.00)
(0.61 %)
Skim Milk Powder
2,662.50
(50.00)
(1.88 %)
Refining margins
7.37
1.50
25.55 %
Fujairah Fuel Pric (mt) ($)
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VLCC “TC/1Year” ($)
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Dry Bulk Panamax ($)
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