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Goldman Sachs: Maintains its forecast for Brent crude oil prices at $80 per barrel for Q4 2026, assuming the Middle East situation eases before Q4. It expects that supported by declining Middle Eastern production, increased summer travel demand, and a slowdown in spring oil production cuts, oil prices will maintain their recent gains throughout July and August.

Goldman Sachs: Maintains its forecast for Brent crude oil prices at $80 per barrel for Q4 2026, assuming the Middle East situation eases before Q4. It expects that supported by declining Middle Eastern production, increased summer travel demand, and a slowdown in spring oil production cuts, oil prices will maintain their recent gains throughout July and August.

智通财经智通财经2026/07/23 03:46
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Goldman Sachs: Maintains its forecast for Brent crude oil prices at $80 per barrel in the fourth quarter of 2026, assuming that tensions in the Middle East will ease before the fourth quarter. The bank expects oil prices to sustain their recent gains in July and August, supported by a decline in Middle Eastern output, increased summer travel demand, and a slowdown in spring oil production cuts.
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