Energy producers forecast that West Texas Intermediate crude will average $88 per barrel by the end of 2026, with individual estimates ranging from $70 to $126. Market participants remain cautious about the long term outlook as price volatility continues to cloud expectations for the industry.
Wednesday, October 21, 2026
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US Energy Expansion Slows to 38.8 Index in Q3
Commodities21 days ago
A new survey of oil and gas executives reveals a positive trend in industrial activity across the American Southwest. The Dallas Fed reported that US oil and gas output increased in the third quarter of 2026, though the broader business activity index fell to 38.8 from 46.1 in the second quarter. This decline in the Eleventh District index indicates that the pace of sector expansion has slowed despite remaining solid.
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