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Goldman Sachs Raises Oil Price Forecast as Middle East Conflict Escalates
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FinBERT analysis of financial text showing neutral sentiment with 94.1% confidence.
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Neutral
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94%
Time Horizon
Short Term
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Goldman Sachs has once again revised its oil price outlook, now expecting Brent crude to trade at $71 per barrel in the final quarter of the year, and WTI to average $67 per barrel over the same period, Reuters reported, citing the bank’s analysts. The investment bank’s earlier price outlook saw Brent crude at $66 per barrel in the last quarter of 2026 and WTI at $62 per barrel. At the moment, Brent crude is hovering around $100 per barrel, and WTI is above $90 per barrel. Goldman’s revision was based on an assumption that oil…
Original article published by
OilPrice.com
on March 12, 2026.
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