28/07/2023
Argaam Exclusive
The US drilling rig count decreased by one unit to 529 in the week ended July 28, General Electric Co.’s Baker Hughes energy services firm said in its closely followed report on Friday.
This is the lowest level since March 2020.
The US rig count fell to the sixth straight week.
The gas rig count also declined by three to 128 in the week.
Contents
Oil and gas exploration platforms – USA
| Item | Year Before | Last Week | Current | Weekly Change | Yearly Change |
|---|---|---|---|---|---|
| No. of Rig Count | 605 | 530 | 529 | (1) | (76) |
| Gas | 157 | 131 | 128 | (3) | (29) |
| Oil & Gas | 762 | 661 | 657 | (4) | (105) |
Changes in the number of platforms – USA
Commodities
Name
Price
Change (value)Change (%)
Brent Crude Oil
85.72
(0.02)
(0.02 %)
Nymex
81.37
(0.43)
(0.53 %)
Natural Gas
2.57
(0.01)
(0.39 %)
Gold
1,950.18
6.22
0.32 %
High Grade Copper
3.91
(0.01)
(0.16 %)
Iron Ore
106.04
(1.90)
(1.79 %)
Aluminum
2,239.50
(30.50)
(1.35 %)
LEAD
2,134.50
0.50
0.02 %
Zinc
2,547.00
(5.50)
(0.22 %)
Steel
783.00
(17.00)
(2.13 %)
Wheat (CBOT)
718.50
(8.60)
(1.18 %)
Corn (CBOT)
507.25
(5.60)
(1.09 %)
Coffee (ICEUS)
164.55
(0.10)
(0.06 %)
Whole Milk Powder
3,875.00
62.50
1.61 %
Skim Milk Powder
2,612.50
(50.00)
(1.91 %)
Refining margins
27.87
(0.11)
(0.39 %)
Fujairah Fuel Pric (mt) ($)
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VLCC “TC/1Year” ($)
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Dry Bulk Panamax ($)
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