8 Hrs
Source:
البلاد
البلاد
Ready to play
Ready to play
Goldman Sachs raised its oil-price forecasts amid supply risks, expecting Brent crude to reach $105 a barrel in December, up from $90 previously, and West Texas Intermediate to reach $94, up from $81. It also raised its 2027 average forecasts to $88 for Brent and $78 for U.S. crude. In a bullish scenario, Brent could reach $140 if Gulf production remains 3.5 million barrels per day below its 2025 average. The bank cited the risk of disruptions to Middle Eastern supplies, attacks on shipping, damage to oil infrastructure, and the difficulty of securing a lasting diplomatic breakthrough.
Notice: This Is an AI-Generated Summary
Comments (0)