Source: EnerCom, Inc. Data: Bloomberg

The price of West Texas Intermediate (WTI) crude has taken the oil and gas industry for a wild ride since June. From north of $105, so far we’ve rocketed down the first hill of the rollercoaster and we’re still screaming with our eyes closed.

But if you go by the published WTI price forecasts of 32 large banks, crude is about to bottom out. The bank estimates, supplied by Bloomberg, cover the banks’ average price forecasts on a quarterly basis. Individual estimates can be seen in the table below.


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