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Goldman Sachs raised its oil price forecast for the end of this year and 2027 due to rising risks faced by crude oil supply. Analysts led by Daan Struyven and Yulia Zhestkova Grigsby pointed out in a report that the price of Brent crude oil is expected to reach 105 US dollars per barrel in December, higher than the previous forecast of 90 US dollars; the average price for the whole of next year is expected to be 88 US dollars per barrel, 10% higher than the previous forecast.
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Goldman Sachs raised its oil price forecast for the end of this year and 2027 due to rising risks faced by crude oil supply. Analysts led by Daan Struyven and Yulia Zhestkova Grigsby pointed out in a report that the price of Brent crude oil is expected to reach 105 US dollars per barrel in December, higher than the previous forecast of 90 US dollars; the average price for the whole of next year is expected to be 88 US dollars per barrel, 10% higher than the previous forecast.
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