Goldman Sachs Raises Brent Forecast for 2027 to $88 per Barrel

For December 2026, analysts now project $105 instead of the previous $90, taking into account the likelihood of supply disruptions, Interfax reports.

The report attributes the revision to an increased threat of reduced oil supply.

If oil production in the Persian Gulf falls 3.5 million barrels per day below the 2025 level, the average Brent price in 2027, according to experts, could rise to $130 per barrel. With a rapid recovery in production, prices may drop to $60–70 per barrel.