SQUAWK/NEWS
Account
Theme
Account
Menu
Live News COMMODITIES ARTICLE H impact

Goldman lifts Brent and WTI forecasts on prolonged Middle East shipping risk

Goldman raised Brent and WTI crude forecasts by $5 a barrel for December 2026 and 2027, expecting Middle East shipping disruptions to persist into next year. Brent is forecast at $85 for Dec 2026 and WTI at $80.

CL

Goldman Sachs raised its Brent and West Texas Intermediate crude oil price forecasts by $5 a barrel for December 2026 and 2027, citing an expectation that shipping disruptions in the Middle East will persist into next year. It now forecasts Brent at $85 a barrel and WTI at $80 for December 2026, while also keeping its 2027 outlook in view.