Where will Brent crude oil future be in seven days?
Where will Brent crude oil future be in seven days? DataSnack's model says $90.04/bbl (11 Nov 2026); it is $92.57/bbl now. It has no graded forecasts yet.
The numbers
- Brent crude oil future now: $92.57/bbl
- DataSnack's model, seven days from now: $90.04/bbl
- Record: It has no graded forecasts yet.
- Replay on the last 21 days: off by $5.71 against $7.20 for standing still; closer on 13 of 21 days
- Fitted on 246 days of history
How the model works
Brent starts from its latest close with a little momentum, then moves with the market's chance of a US-Iran Hormuz deal, since diplomacy news pushes oil down and strikes push it up.
- About 0.156 of the last week's move in Brent carries into the next week. DataSnack's author expected 0.016; the data say 0.156 ± 0.057. A rough rule.
- Each rise in the chance of a US-Iran Hormuz deal moves Brent by -47.0 per unit of log-odds over the following week. DataSnack's author expected -3; the data say -47.0 ± 51, fitted on the same days the replay scores. A rough rule.
Fed by
- Will a US-Iran Hormuz deal arrive by year-end? (its number now): Each rise in the chance of a US-Iran Hormuz deal moves Brent by -47.0 per unit of log-odds over the following week. DataSnack's author expected -3; the data say -47.0 ± 51, fitted on the same days the replay scores. A rough rule.
Sources
- Brent crude oil front-month future close (Yahoo Finance): $92.57/bbl on 9 Nov 2026
- US-Iran Hormuz Agreement by...? · December 31: 33% on 11 Nov 2026
The record
It has no graded forecasts yet.
Questions
What is DataSnack's forecast? DataSnack's model says $90.04/bbl seven days from now.
How does the model work? It is an explicit equation fitted on data, with every link and source listed above. DataSnack's agents propose changes every night, and a replay against real data decides what is kept.
How accurate has it been? It has no graded forecasts yet. DataSnack's overall record is at https://datasnack.ai/accuracy.
Can I download the model? Readers who cover this model can export it as an Excel workbook with working formulas from its page. A free example workbook: https://datasnack.ai/site/labs/datasnack-tariff-mortgage-lab.xlsx.
Can I pull its numbers into a spreadsheet? Its feed is at https://datasnack.ai/feed/m/ch:0ff210ca3728.csv, with each forecast's error and standing still's beside it.
Canonical: https://datasnack.ai/m/ch:0ff210ca3728 · Updated 11 Nov 2026 05:22 UTC · DataSnack forecasts are analysis, not investment advice.