Commodities
US Oil and Gas Production Rises Amid Ongoing Price Volatility
US oil and gas production has seen an uptick in the third quarter of 2026, according to a survey by the Dallas Fed.
The rise in production is particularly notable in key producing states such as Texas, Louisiana, and New Mexico.
However, producers are facing uncertainty due to the ongoing Iran war, which has disrupted global energy supplies and driven up prices.
US oil prices have reached $100 a barrel, with futures averaging around $86 per barrel in the third quarter.