Finance7h ago
Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mount
Goldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East shipping disruptions. It warned Brent could top $120 a barrel in 2027 if Gulf oil output stays 4 million barrels per day below pre-war levels.
This story was originally reported by Economic Times โ Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
ALSO REPORTED BY OTHER SOURCES (2)
Goldman Sachs flips on oil-price forecasts and says $120 Brent could be next.
Brent crude climbs beyond $97 as Hormuz disruptions choke global oil supplies
Community Sentiment & Coverage Reliability
Crowd-sourced evaluation based on verified reader feedback
Rate Coverage Tone:
No reader evaluations recorded yet โ be the first to rate the coverage tone above!
Quick Story Reactions:
Community Discussion (0)
Join the Community Discussion
Sign in or create a free reader account to post comments, upvote analysis, and share your perspective.