Major Banks Raise Oil Forecasts Amid Gulf Shipping Disruptions
5 Articles
5 Articles
Banks and international financial institutions, including Goldman Sachs, Bank of America, Comertsbank and HSBC, have raised their oil price forecasts, as shipping disturbances continue in the Middle East and supplies are scarce in the markets.
A window in which banks, including Goldman Sachs, Bank of America and Comrits, raised their forecasts of Brent's crude prices this week, as ongoing shipping disturbances in the Middle East led to a scarcity of supply in oil markets and pushed crude prices to their highest levels in several weeks...
Major banks raise oil forecasts amid Gulf shipping disruptions
Rising oil forecasts amid Gulf disruptions could lead to increased market volatility and influence global economic stability and energy policies.
Goldman ups oil price forecasts as Mideast disruptions seen extending into 2027 - Cyprus Shipping News
Goldman Sachs raised its Brent and WTI crude price forecasts on Sunday, expecting shipping disruptions in the Middle East to persist into next year. The team, led by Daan Struyven, lifted its Brent/WTI forecasts by $5 to $85/80 per barrel for December 2026 and to $80/75 for 2027. Markets, the strategists said, are increasingly pricing
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