GOLDMAN SACHS: BRENT MIGHT RISE ABOVE $120/BBL IN 2026Q4 IF HORMUZ REMAINS DISRUPTED

July 21 (Reuters) - GOLDMAN SACHS:

  • SAYS RENEWED ESCALATION RISKS IN MIDDLE EAST IMPLY NET UPSIDE RISKS TO THEIR $80/75 BRENT/WTI 2026Q4 FORECAST

  • BRENT MIGHT RISE ABOVE $120/BBL IN 2026Q4 AND AVERAGE $100/BBL IN 2027 IF HORMUZ REMAINS DISRUPTED


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