A post by @DeItaone on X.
GOLDMAN SACHS SHARPLY RAISES OIL PRICE FORECASTS THROUGH 2027
@DeItaone on X
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Goldman Sachs sharply raised its oil price forecasts through 2027, lifting its Q4 2026 Brent crude forecast to $108 per barrel from $95 and its WTI forecast to $96 from $85. The bank also increased its 2027 Brent forecast to $88 from $80 and WTI to $78 from $73, while projecting Q1 2027 Brent at $98 and WTI at $87. However, Goldman lowered its 2028 forecasts to $73 for Brent and $66 for WTI, signaling an expected peak and subsequent decline in prices. The revisions matter for energy equities, inflation expectations, and sovereign fiscal planning, as higher near-term prices could pressure consumers while boosting producer margins. Investors should watch upcoming OPEC+ supply decisions, demand data from major economies, and any further revisions from major banks for confirmation of this tighter outlook.
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