strikeJun 17, 2026

Goldman Sachs Lowers Brent Crude Forecast After Hormuz Deal But Flags Two-Sided Risks

Summary

Goldman Sachs expects Brent crude to average $80 per barrel in the fourth quarter of 2026, down from its earlier forecast of $90. Its 2027 Brent forecast has also been cut to $75 per barrel from $80.

Source: Yukta Baid — Read the full report

Actors involved

USIran

Sources

Yukta BaidBy Yukta Baid
Goldman Sachs expects Brent crude to average $80 per barrel in the fourth quarter of 2026, down from its earlier forecast of $90. Its 2027 Brent forecast has also been cut to $75 per barrel from $80. The brokerage has lowered its oil price forecasts after signs of a breakthrough …

See this event through different lenses

Compare how different perspectives frame this event.

Compare Perspectives