“Goldman Sachs raises 2027 oil price forecast to US$ 88 per barrel”

Key points

• Goldman Sachs lifts its 2027 Brent crude forecast to $88 per barrel.
• Near-term Brent expected to hit $105 by December, up from $90.
• Analysts warn risk premiums may stay elevated due to Middle East disruptions.
• Potential one million bpd global supply disruption considered in baseline 2027 scenario.
• Bearish scenario sees prices dropping below $70 if regional production recovers quickly.