Goldman Hikes Oil Forecasts on ‘Substantial’ Risks to Supply
AI Summary
Goldman Sachs raised its oil-price forecasts for year-end and 2027, citing substantial risks to supply after months of war in the Middle East. The bank joins other financial institutions that have recently increased their outlooks.
Goldman Sachs Group Inc. raised oil-price forecasts for the year-end and 2027 on elevated risks to supplies, joining other banks in hiking their outlooks after months of war in the Middle East.
World Conflict Markets Commodities Energy Goldman Sachs oil prices supply risks forecast Middle East conflict 2027 outlook