BRIEF-American Water Q3 Pretax Profit USD 499 Million
Reuters2026/10/28 20:31Oct 28 (Reuters) - American Water Q3 operating expenses USD 869 million.
- Q3 revenue USD 1,510 million vs. IBES estimate USD 1,562 million
- Q3 net income USD 387 million
- Q3 operating income USD 641 million vs. IBES estimate USD 674.5 million
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

