21/07/2023
Argaam Exclusive
The US drilling rig count decreased by seven units to 530 in the week ended July 21, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
The US rig count fell to the sixth straight week.
The gas rig count also declined by two to 131 in the week.
Oil and gas exploration platforms – USA
Item
Year Before
Last Week
Current
Weekly Change
Yearly Change
No. of Rig Count
599
537
530
(7)
(69)
Gas
155
133
131
(2)
(24)
Oil & Gas
754
670
661
(9)
(93)
Changes in the number of platforms – USA
Commodities
Name
Price
Change (value)Change (%)
Brent Crude Oil
81.07
1.43
1.79 %
Natural Gas
2.71
(0.04)
(1.60 %)
Gold
1,966.60
(4.30)
(0.22 %)
Silver
24.86
(0.11)
(0.43 %)
High Grade Copper
3.82
(0.02)
(0.43 %)
Iron Ore
112.47
0.04
0.04 %
Aluminum
2,194.75
7.25
0.33 %
Zinc
2,378.00
2.00
0.08 %
Steel
849.00
(19.00)
(2.20 %)
Wheat (CBOT)
697.50
(29.40)
(4.06 %)
Corn (CBOT)
536.25
(10.00)
(1.83 %)
Coffee (ICEUS)
161.85
3.80
2.40 %
Whole Milk Powder
3,812.50
0.00
0.00 %
Skim Milk Powder
2,662.50
(50.00)
(1.88 %)
Refining margins
19.34
(0.01)
(0.05 %)
Dry Bulk Panamax ($)
–
–
–
Fujairah Fuel Pric (mt) ($)
–
–
–
VLCC “TC/1Year” ($)
–
–
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