Goldman Cuts Brent Forecast

Goldman lowers Brent forecast to $80 for Q4 2026 Goldman Sachs cut its Q4 2026 Brent forecast to $80 from $90. The revision is due to the US-Iran Hormuz deal, which brings forward Persian Gulf export normalisation to end-July. The 2027 average of $75 for Brent an

Goldman lowers Brent forecast to $80 for Q4 2026

Goldman Sachs cut its Q4 2026 Brent forecast to $80 from $90.

The revision is due to the US-Iran Hormuz deal, which brings forward Persian Gulf export normalisation to end-July.

The 2027 average of $75 for Brent and $70 for WTI points to a sustained oversupply dynamic once inventories begin rebuilding.

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