Goldman Sachs raises 2027 oil price forecast to US$ 88 per barrel
Why This Matters
Key context: <p>Goldman Sachs has raised its oil price forecasts for the near future, citing escalating geopolitical risks and an increased likelihood of crude supply disruptions from the Middle East. The bank now expects Brent crude to reach US$ 105 per barrel by this coming December, up from its previous estimate of $90, and has also increased …</p> <p>The post <a href="https://www.egyptindependent.com/goldman-sachs-raises-2027-oil-price-forecast-to-us-88-per-barrel/">Goldman Sachs raises 2027 oil price forecast to US$ 88 per barrel</a> appeared first on <a href="https://www.egyptindependent.com">Egypt Independent</a>.</p> This development from egyptindependent.com highlights ongoing changes in the sector.
Goldman Sachs has raised its oil price forecasts for the near future, citing escalating geopolitical risks and an increased likelihood of crude supply disruptions from the Middle East. The bank now expects Brent crude to reach US$ 105 per barrel by this coming December, up from its previous estimate of $90, and has also increased … The post Goldman Sachs raises 2027 oil price forecast to US$ 88 per barrel appeared first on Egypt Independent.
Curation & Context
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