Signal · Commodities & Input Costs
Oil Price Forecasts Jump as Hormuz Disruption Drags On
What the source reported
Source-reportedAnalysts have sharply raised their 2026 oil price forecasts as hopes fade for a quick normalization of shipping through the Strait of Hormuz, with a new Reuters poll putting Brent crude at an average of $89.05 per barrel this year, up from $85.08 just a month ago. The September survey of 30 economists and analysts also raised the average forecast for West Texas Intermediate (WTI) to $83.90 per barrel from $80.20 in the August poll. Brent forecasts ranged from $77.27 to $97.60, as economists grapple with the guessing game of how sustainable the…
- Publication
- Oilprice.com · Trade Publication
- Published
- 30th September 2026
- Original report
- oilprice.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Commodities & Input Costs
- Geography
- Global
- Organisations
- None identified
- Collected
- 30th September 2026 · 20:08
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Moderate (26.0/100). Strongest contributor: Procurement Impact (12.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (31.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth