Brent Oil - Goldman reportedly cuts 2027 oil forecast to $80 but warns a Hormuz crisis could send Brent to $140
12-06-2026 02:45
According to a report from Reuters, Goldman Sachs expects Brent crude prices to average around $90 a barrel in the fourth quarter of 2026.
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The article shows Brent down 25% from the year high, below the 50-day EMA, RSI ~37 and falling—clear momentum plus “mixed signals” that keep risk premium from sticking. If the Iran deal drags, oil ...
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Goldman lowers 2027 Brent oil forecast on supply growth, demand risks
Goldman Sachs on Thursday lowered its 2027 average Brent oil price forecast to $80 a barrel, citing stronger supply growth and persistent demand weakness, even as it warned prices could swing ...
