US rig count stable at 486 units: Baker Hughes

07/03/2025 Argaam Exclusive

The US drilling rig count kept flat at 486 units in the week ended March 7, Baker Hughes energy services firm said in its closely followed report on Friday.

Meanwhile, the gas rig count fell one unit to 101 in the week.

Oil and gas exploration platforms - USA

Item Year Before Last Week Current Weekly Change Yearly Change
No. of Rig Count 504 486 486 0 (18)
Gas 115 102 101 (1) (14)
Oil & Gas 619 588 587 (1) (32)

Changes in the number of platforms - USA

Commodities

Name
 
Price
Change (value)
Change (%)
Brent Crude Oil
69.90
(0.43)
(0.62 %)
Nymex
66.58
(0.43)
(0.64 %)
Natural Gas
4.66
0.26
5.87 %
Gold
2,909.57
(1.84)
(0.06 %)
Silver
32.40
(0.08)
(0.25 %)
High Grade Copper
4.68
(0.03)
(0.65 %)
Iron Ore
101.29
0.05
0.05 %
Aluminum
2,704.50
3.75
0.14 %
LEAD
2,028.00
12.00
0.59 %
Zinc
2,870.00
(12.00)
(0.42 %)
Steel
960.00
(1.00)
(0.10 %)
Wheat (CBOT)
554.50
3.20
0.58 %
Corn (CBOT)
467.50
(1.60)
(0.34 %)
Coffee (ICEUS)
384.40
(2.75)
(0.71 %)
Whole Milk Powder
4,575.00
25.00
0.55 %
Skim Milk Powder
2,725.00
75.00
2.75 %
Refining margins
5.59
(1.09)
(16.32 %)
VLCC "Spot"
-
-
-
LPG (mt) ($)
-
-
-
Fujairah Fuel Pric (mt) ($)
-
-
-
VLCC "TC/1Year" ($)
-
-
-

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