Signal · Commodities & Input Costs
EIA Short-Term Energy Outlook (STEO) — Brent Crude Oil Price Forecast — Released July 7, 2026
What the source reported
Source-reportedFORECAST (not settled fact): EIA forecasts the Brent crude oil spot price averaging $69 per barrel in 2025, $82 per barrel in 2026, $65 per barrel in 2027.
- Publication
- EIA Short-Term Energy Outlook · Official Statistics
- Published
- 7th July 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
- United States
- Organisations
- None identified
- Collected
- 8th August 2026 · 11:03
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 (20.0/100). Strongest contributor: Impact-Scale Specificity (7.0/10 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Moderate (64/100, data sufficiency: Partial). Strongest contributor: Source Authority (40.0/40 points). Limiting factor: Extraction Quality (3.0/15 points). Capped at 64 (Moderate) -- neither the authoritative-origin nor the independent-corroboration route to Sufficient was met (no matched Event type; no actor entities (only attribution/metadata, if any); no actor content-derived geography), limiting Confidence even though other factors scored higher.
- Strongest contributor
- Impact-Scale Specificity
- Limiting factor
- Geographic Breadth