Oil Plunges 4% on Peace Hopes; Goldman Sees $140 Risk
Published 17 h ago5 sourcesEvidence: Reported
Goldman Sachs has raised its oil price forecasts, citing increased supply risks, and sees potential for Brent to reach $140 per barrel by 2027 if Gulf production remains significantly limited. The forecast revision signals growing market concern over supply disruptions, though it is a projection rather than a current price move.
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