‎US weekly rig count drop by 6 units: Baker Hughes

‎US weekly rig count drop by 6 units: Baker Hughes

23/06/2023
Argaam Exclusive

The US drilling rig count decreased by six units to 546 in the week ended June 23, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.

Meanwhile, the gas rig count remained unchanged at 130 in the week.

Oil and gas exploration platforms – USA

Item
Year Before
Last Week
Current
Weekly Change
Yearly Change

No. of Rig Count
594
552
546
(6)
(48)

Gas
157
130
130
0
(27)

Oil & Gas
751
682
676
(6)
(75)

Changes in the number of platforms – USA

Commodities

Name

Price

Change (value)Change (%)

Brent Crude Oil

73.85

(0.29)

(0.39 %)

Nymex

69.16

(0.35)

(0.50 %)

Natural Gas

2.73

0.12

4.63 %

Gold

1,929.60

5.90

0.31 %

Silver

22.35

(0.11)

(0.51 %)

High Grade Copper

3.80

(0.09)

(2.22 %)

Iron Ore

112.65

(0.20)

(0.18 %)

Aluminum

2,181.00

(31.25)

(1.41 %)

LEAD

2,128.00

(27.50)

(1.28 %)

Zinc

2,358.00

(64.00)

(2.64 %)

Steel

929.00

(12.00)

(1.28 %)

Wheat (CBOT)

746.50

(6.20)

(0.83 %)

Corn (CBOT)

588.00

(32.60)

(5.29 %)

Coffee (ICEUS)

164.85

(5.40)

(3.18 %)

Whole Milk Powder

3,737.50

(25.00)

(0.67 %)

Skim Milk Powder

2,675.00

37.50

1.40 %

Refining margins

18.08

(0.86)

(4.54 %)

Dry Bulk Panamax ($)


Fujairah Fuel Pric (mt) ($)


VLCC “TC/1Year” ($)


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