Goldman Sachs Raises Oil Forecasts For 2026 As Strait Of Hormuz Remains Closed

Goldman Hikes Oil-Price Outlook as Hormuz Shock Intensifies

Oil Shock Deepens: Goldman Raises Brent Forecast To $90 Amid Hormuz Crisis

Goldman Sachs has raised its Brent crude forecast to $90 per barrel for the fourth quarter, citing severe supply disruptions linked to the Strait of Hormuz closure.

Goldman Sachs Raises Oil Forecasts For 2026 As Strait Of Hormuz Remains Closed

Goldman Sachs has elevated its oil forecasts for the year as the Strait of Hormuz remains closed and prices continue to be elevated.

Goldman Sachs Reports Higher Oil Prices with a 9.6 mbd Deficit in Q2 - Energy News Beat

In a stark update released on April 26, 2026, Goldman Sachs has significantly raised its oil price forecasts, citing unprecedented supply disruptions in the Persian Gulf. The investment bank now expects Brent crude to average $90 per barrel and West Texas Intermediate (WTI) to hit $83 per barrel in Q4 2026—up sharply from its prior $80/$75 outlook. At the heart of the revision: a projected swing in the global oil market from a 1.8 million barrel…

Goldman Sachs raises Brent oil price forecast to $90

Goldman Sachs has revised its oil price forecasts upward amid escalating risks surrounding the Strait of Hormuz and potential supply disruptions in the Persian Gulf. Operative Information Center-OMM reports that the adjustment was highlighted in a recent Bloomberg analysis. The investment bank now expects Brent crude to average $90 per barrel in the fourth quarter, a significant increase from its previous estimate of $80 per barrel. According to…