Goldman Sachs Hikes Year-End Oil Price Forecast by $6 Per Barrel

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Goldman Sachs has increased its oil price forecast for the fourth quarter by $6 per barrel, citing low inventories in advanced economies, despite maintaining its view of global oversupply this year.

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Market impact analysis based on bullish sentiment with 85% confidence.

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85%
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Even if it maintains the view of global oversupply this year, Goldman Sachs has raised its oil price forecast for the fourth quarter by $6 per barrel as inventories in advanced economies remain low. The Wall Street bank lifted its Q4 2026 price estimate by $6 to $60 per barrel Brent Crude and made the same upward revision of its WTI Crude price outlook, to $56 per barrel at year-end, on the back of lower-than-expected stocks in the OECD countries, according to a Sunday note cited by Reuters. Early on Monday in Asian trade, the U.S. benchmark WTI…

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المقال الأصلي منشور بواسطة OilPrice.com في فبراير 23, 2026.
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