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Goldman Sachs raises oil price forecasts, warns Brent could hit $140 in 2027

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Goldman Sachs raises oil price forecasts, warns Brent could hit $140 in 2027
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Market & Financial Impact: Goldman Sachs raised its oil price forecasts amid mounting geopolitical risks and potential Gulf supply disruptions. The bank warned Brent crude could reach $140 per barrel in 2027 under a prolonged supply shock scenario. Shipping attacks, infrastructure damage and Middle East tensions could sustain elevated oil prices and market volatility.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Goldman Sachs identified intensified attacks on shipping, damage to oil infrastructure and a more persistent geopolitical risk premium as key factors that could drive prices higher.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Economic Times ↗
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