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Economy Country 2026-03-04T13:19:22+00:00

Goldman Sachs Raises Oil Price Forecasts

Goldman Sachs has increased its Brent crude forecast for Q2 2026 to $76/barrel and WTI to $71/barrel. Forecasts for late 2026 and 2027 have also been adjusted.

Goldman Sachs Raises Oil Price Forecasts

Goldman Sachs raised its forecasts for the average Brent crude price in the second quarter of 2026 by $10 to $76 per barrel, and its forecast for the average price of U.S. WTI crude by $9 to $71 per barrel on Wednesday. The bank also adjusted its forecasts for the fourth quarter of 2026 for Brent and U.S. crude to $66 and $62, respectively, and for 2027 to $70 and $66, respectively.

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