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Rigzone Industry News

1. Who Were the Top USA Drillers, Customers in 1Q 2026?

   Enverus announced that it has released its latest rankings of the most active U.S. land drilling contractors and drilling customers.

2. EIA Sees Oil Crunch in 2026, Glut in 2027

   The U.S. Energy Information Administration is predicting an oil market crunch in 2026 and a glut in 2027.

3. Diesel Margins Top $100 a Barrel to Reach Record High

   The margin for making diesel from crude oil in the U.S. has soared to more than $100 a barrel.

4. Oil Gains as Refinery Demand Surges

   Crude gained as Gulf tensions intensified while US refiners boosted oil consumption.

5. EIA Lowers Henry Hub Gas Price Forecasts

   According to its new STEO, the EIA now sees the Henry Hub spot price averaging $3.44 per million British thermal units in 2026.