Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mount
· economictimes.indiatimes.com
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.
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