← Signals

Signal · Commodities & Input Costs

Crude oil prices and refinery margins generally increased throughout the third quarter

EIA Today in Energy Authoritative source Published 5th October 2026 Global, US

What the source reported

Source-reported

Petroleum markets in the third quarter of 2026 (3Q26) were characterized by increasing prices for crude oil and petroleum products amid persistent conflict in the Middle East.

Publication
EIA Today in Energy · Commodity/Energy Organisation
Published
5th October 2026
Original report
eia.gov

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, US
Organisations
None identified
Collected
5th October 2026 · 13:47

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.

Significance 2 · Moderate
Confidence 2 · Low

Initial Significance Moderate (20.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Low (39/100, data sufficiency: Insufficient). Strongest contributor: Source Authority (28.0/40 points). Limiting factor: Specificity (0.0/20 points). Capped at 39 (Low) -- insufficient structured evidence to support a higher Confidence reading, regardless of source authority.

Strongest contributor
Procurement Impact
Limiting factor
Likely Event Severity
Possibly the same underlying story as Oil's New Normal Is Higher Prices — flagged automatically, never merged automatically.