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Goldman Sees $140 Brent
Goldman Sachs raised its oil price forecasts amid mounting supply risks, expecting Brent to reach $105 a barrel in December, up from $90, and West Texas Intermediate to hit $94, up from $81. For 2027, it raised its average forecasts to $88 for Brent and $78 for WTI. Brent could surge to $140 if Gulf production remains 3.5 million barrels per day below its 2025 average.
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