Goldman Sachs Raises December 2026 Oil Forecast to $90
Goldman Sachs has raised its December 2026 oil price forecast to $90 per barrel, while pegging the 2027 worst-case scenario at $125.
According to Business Standard, Goldman Sachs has updated its long-term crude oil projections, lifting its December 2026 forecast to $90 per barrel. Additionally, the financial institution pegged the worst-case scenario for 2027 at $125 per barrel.
Long-Term Price Projections
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The revised outlook reflects shifting macroeconomic assessments and supply dynamics over the extended forecast horizon. Market participants monitor such revisions for potential impacts on broader commodity indices and macroeconomic inflation metrics.
Key facts
- Goldman Sachs raised its December 2026 oil forecast to $90 per barrel.
- The 2027 worst-case scenario was pegged at $125 per barrel.
- The update was reported by Business Standard.
Source: news.google.com
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