Goldman Sachs says renewed escalation risks in Middle East imply net upside risks to their $80/75 Brent/WTI 2026 Q4 forecast.Brent might rise above $120/bbl in 2026 Q4, and average $100/bbl in 2027 if Hormuz remains disrupted.
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Note via Reuters
This article was written by Eamonn Sheridan at investinglive.com.