BusinessPhoto: Firstpost BusinessGoldman Sachs Warns Brent Crude Could Hit $60 or $125 in 2027
Goldman Sachs forecasts Brent crude oil prices could drop to around $60 per barrel in 2027 if Persian Gulf oil production recovers faster than expected, increasing by 1 million barrels per day above February 2026 levels. However, geopolitical tensions and disruptions could push prices up to $125. The bank also raised its December 2026 Brent forecast to $90 per barrel from $85, highlighting uncertainty in global oil markets.
Firstpost Business·



