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NewsX 17 Jun 2026

Brent Oil Outlook Cut: Goldman Sachs Lowers Q4 2026 Forecast To $80 On Supply Recovery

Goldman Sachs has cut its Brent crude oil forecast to $80 for Q4 2026 from $90, citing faster Middle East supply recovery after a reported Strait of Hormuz agreement. The report also revises 2027 outlooks and outlines bullish and bearish crude price scenarios based on supply risks and geopolitical factors.

Yungfei summary

Goldman Sachs has cut its Brent crude oil forecast to $80 for Q4 2026 from $90, citing faster Middle East supply recovery after a reported Strait of Hormuz agreement. The report also revises 2027 outlooks and outlines bullish and bearish crude price scenarios based on supply risks and geopolitical factors.

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This page contains an original Yungfei editorial summary based on publicly available entertainment coverage. The full article belongs to the original publisher.

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