Nov 2, 2026, 11:14 AMCommodities
Goldman Sachs Sees Brent Averaging $130, Reaching $140 in 2027
Goldman Sachs says Brent could average $130 a barrel in 2027 and reach $140 if Middle East tensions worsen, though the available source detail is limited.
Listen to this briefingAudio briefing
Summary
MarketWatch reported on November 2, 2026, that Goldman Sachs analysts said Brent crude could average $130 a barrel in 2027. The bank said Brent could reach $140 if Middle East tensions worsen.
The available feed summary provides limited detail. It does not disclose the forecast’s assumptions, probability, timing within 2027 or alternative price scenarios.
Positives
- Goldman Sachs analysts see Brent crude averaging $130 a barrel in 2027.
- Brent could reach $140 a barrel in 2027 under the bank’s escalation scenario.
- The forecast identifies worsening Middle East tensions as the condition for the higher price outcome.
Risks & concerns
- The $140 outcome depends on worsening Middle East tensions, tying higher oil prices to geopolitical escalation.
- The forecast is conditional, and the feed summary provides no probability for the $140 scenario.
- The limited source detail omits assumptions, timing within 2027 and alternative price scenarios.
Primary sourceMarketWatch.com - Top Storieshttps://www.marketwatch.com/story/how-oil-prices-could-average-130-per-barrel-next-year-according-to-goldman-sachs-235ce32b?mod=mw_rss_topstories
Read full article
