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Rigzone Industry News

1. What Impact Will Energy Transition Have on Oil Price?

   Executives from 138 oil and gas firms offer their opinion as part of the latest Dallas Fed Energy Survey.

2. Russia Plans Near Zero Diesel Exports Next Month After Ban

   Russia plans to reduce diesel exports from its key western ports to almost nothing next month.

3. Oil Posts Largest Quarterly Gain Since Early 2022

   Oil posted its largest quarterly rally since the initial jolt from the war in Ukraine as lower Russian fuel exports threaten to further tighten a market wrestling with OPEC+ production cuts.

4. Where Will WTI Crude Oil Price be at End-2023?

   Executives from 146 oil and gas firms were asked where they expect the WTI crude oil price to be at the end of the year as part of the latest Dallas Fed Energy Survey.

5. Biden Whittles Plan for Offshore Oil Leasing to Record-Low Level

   The leasing program charts sales of Gulf of Mexico oil and gas leases in 2025, 2027 and 2029.