BusinessPhoto: Business StandardGoldman Raises December 2026 Oil Price Forecast to $90 per Barrel
Goldman Sachs increased its December 2026 crude oil price forecast by 6% to $90 per barrel from $85, citing supply risks due to the West Asia conflict. Despite this rise, the forecast remains about 13% below the current price of $103 per barrel. Analysts noted ongoing supply risks and low stocks support strong demand and price sensitivity, with a worst-case 2027 price forecast of $125 per barrel.
Business Standard·



