Goldman Sachs Predicts Brent Oil Could Reach $140 by 2027
Goldman Sachs has raised its oil price forecasts due to increasing geopolitical risks and possible supply disruptions in the Gulf. The bank warned that Brent crude oil could reach $140 per barrel by 2027 if a prolonged supply shock occurs. Factors such as shipping attacks, infrastructure damage, and Middle East tensions may keep oil prices high and markets volatile.
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