EIA Short-Term Energy Outlook (STEO) — Brent Crude Oil Price Forecast — Released August 11, 2026
- Source
- EIA Short-Term Energy Outlook
- Source link
- https://www.eia.gov/outlooks/steo/pdf/steo_full.pdf#f0a23b766d84-brent_price_forecast-v2
- Published
- 2026-08-11 00:00:00
- Discovered by ProcIntel
- 2026-08-12 22:55:51
- Category
- Commodities & Raw Materials
- Geography
- United States
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
FORECAST (not settled fact): EIA forecasts the Brent crude oil spot price averaging $69 per barrel in 2025, $87 per barrel in 2026, $69 per barrel in 2027.
Procurement Relevance Gate
PASS
— score 22.8/100 — evaluated 2026-08-12 22:55:51
Passed on: commodity_or_input_impact, geographic_exposure (score 22.8/100, threshold 20.0).
- commodity_or_input_impact (weight 12) — matched on "oil"
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal 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
- 2 · Moderate (20.0/100)
- Initial Confidence
- 3 · Moderate (57.5/100)
- Data sufficiency Whether enough structured evidence exists to trust this Signal's Initial Confidence reading. 'Sufficient' has no cap; 'Partial' and 'Insufficient' cap Confidence until more evidence is available; 'Not Assessed' means the Signal did not pass the Relevance Gate.
- Partial
- Strongest contributor
- Impact-Scale Specificity
- Limiting factor
- Geographic Breadth
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 (57.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (40.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- No likely Event type matched; a low contextual baseline was applied.
- Entity Criticality data quality warning: all_linked_entities_data_insufficient.
- no matched Event type
- no actor entities (only attribution/metadata, if any)
- no actor content-derived geography
- single source only
- Entities were mentioned as context or document attribution rather than as actors in the reported development, so they did not increase Initial Confidence.
Methodology signal_scoring_v1 — calculated 2026-08-12 22:55:51.