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Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mount
Goldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East shipping disruptions. It warned Brent could top $120 a barrel in 2027 if Gulf oil output stays 4 million barrels per day below pre-war levels.
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oilprice.com
Goldman Sachs Warns Oil Could Hit $120 as Shipping Risks Rise | OilPrice.com
Goldman Sachs says worsening attacks on Middle East shipping could push oil prices to $120 per barrel as tensions around the Strait of Hormuz escalate.
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hindustantimes.com
Could oil hit $120? Goldman warns as US-Iran attacks threaten Hormuz shipping
Goldman Sachs warns oil could hit $120 as US-Iran attacks threaten Strait of Hormuz shipping, risking a major supply shock and higher energy prices. | Business News
