US Department of Commerce: Bringing macroeconomic data on-chain with Chainlink
ChainCatcher news, according to Cointelegraph, the U.S. Department of Commerce has officially adopted Chainlink to publish core macroeconomic data on-chain, covering key indicators such as real GDP, PCE Price Index, and real final sales to private domestic purchasers, marking the first deep integration of traditional government data with blockchain infrastructure.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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