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Goldman Sachs stated that the renewed escalation of risks in the Middle East means that its forecast for Brent/WTI crude oil prices at $80/$75 per barrel in the fourth quarter of 2026 faces upward net risk. If tensions in the Strait of Hormuz persist, Brent crude oil prices may rise above $120 per barrel in the fourth quarter of 2026.

Goldman Sachs stated that the renewed escalation of risks in the Middle East means that its forecast for Brent/WTI crude oil prices at $80/$75 per barrel in the fourth quarter of 2026 faces upward net risk. If tensions in the Strait of Hormuz persist, Brent crude oil prices may rise above $120 per barrel in the fourth quarter of 2026.

智通财经智通财经2026/07/21 02:16
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Goldman Sachs stated: The renewed escalation of risks in the Middle East means the bank's forecast for Brent crude oil/WTI crude oil at $80/$75 per barrel in the fourth quarter of 2026 faces upward net risk. If the situation in the Strait of Hormuz remains constrained, Brent crude oil prices could rise above $120 per barrel in the fourth quarter of 2026.
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