Oil prices may ease to $80 per barrel in 2027 as Middle East supply recovers: Goldman Sachs

· economictimes.indiatimes.com

Goldman Sachs expects Brent crude prices to ease to $80 per barrel in 2027 as Middle Eastern supplies recover and the global oil market moves into a surplus. The bank raised its December 2026 forecast to $90 from $85 per barrel, citing supply recovery and weak demand.

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