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Goldman Sachs Increases Brent Crude Oil Forecast for 2026
First article: 24 mar. 2026, 03:22
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Last update: 24 mar. 2026, 03:22
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1 article
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Editorial Analysis
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Goldman Sachs, a leading investment bank, has adjusted its Brent crude oil price projection for 2026, signaling expectations of a tighter oil market in the medium term. The revision takes into account factors such as potential supply disruptions, growing energy consumption in emerging economies, and the ongoing transition to cleaner energy sources. The bank's analysis suggests that these elements will contribute to sustained upward pressure on oil prices.Articles about this topic
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Goldman Sachs' Struyven on raising 2026 Brent Forecast
Daan Struyven, Co-Head of Global Commodities Research at Goldman Sachs, outlined the firm’s revised outlook for Brent crude, raising its forecast to an average of $85 per barrel this year, up from the previous estimate of $77. He noted that the disruption in the Strait of Hormuz represents the largest supply shock ever seen in the global crude market. He speaks with Shery Ahn and Haidi-Stroud Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)
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