Oil and Gas Industry Faces Uncertainty and Flat Growth Outlook for 2026

TL;DR Summary
Oil and gas activity in the Dallas Fed district is slightly declining amid ongoing pessimism, with firms expecting modest changes in production and employment, and forecasting WTI prices around $62 per barrel in 2026, while capital spending remains uncertain and AI's impact on costs is viewed as limited.
- Lingering pessimism, uncertainty further weigh on oil and gas activity Federal Reserve Bank of Dallas
- Oil Executives Predict Another Dull Year In 2026 Crude Oil Prices Today | OilPrice.com
- Oil and gas production was little changed in fourth-quarter 2025, Dallas Fed survey says marketscreener.com
- What if the chart of US oil production is wrong? investingLive
- US shale operators planning for WTI at $59 per barrel in 2026 Upstream Online
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