Goldman Sachs lifts oil forecasts, sees Brent at $140 in 2027
In short
Goldman Sachs raised its oil price forecasts because of geopolitical risks and possible supply problems in the Gulf. The bank said Brent crude could reach $140 a barrel in 2027 if a supply shock lasts a long time.
This matters for oil markets, shipping and energy costs. The reporting does not say how likely that price level is, only that it is part of a prolonged shock scenario.
What the reporting says
Goldman Sachs raised its oil price forecasts amid geopolitical risks and possible Gulf supply disruptions, according to the publisher summary. The bank warned Brent crude could reach $140 a barrel in 2027 under a prolonged supply-shock scenario. Shipping attacks, infrastructure damage and Middle East tensions are cited as factors that could keep prices elevated, but the reporting does not say whether the forecast is a base case or a stress case beyond that scenario.
Why it matters
Goldman Sachs has raised its oil forecasts as it points to geopolitical risks, shipping attacks, infrastructure damage and Middle East tensions that could disrupt supply. The bank’s scenario calls for Brent crude to hit $140 per barrel in 2027 if the shock persists. The reporting links the call to market volatility, but it does not provide a new current price or a probability estimate.