A recent Rigzone survey reveals the outlook of North America respondents. Rigzone recently released results from its global survey exploring the oil and gas industry outlook for 2018 and almost half (46 percent) of all respondents forecasted that oil prices would reach between $65 and $75 per barrel. And just one month into 2018, the oil and gas industry has already seen the price of Brent crude hit a three-year high of $69.87 per barrel . However, all respondents weren’t as bullish when it came to oil prices. Respondents from North America seem to be split when it came to oil price predictions, with 43.9 percent believing oil would only reach less than $65 per barrel while 43.6 percent believe the high would fall between $65 and $75 per barrel. OPEC’s announcement to extend production restraints through 2018 has led some analysts to believe a market rebalance is on […]