Goldman Sachs raises its oil price outlook, citing Middle East supply risks that it says could disrupt crude flows. In December, it lifts its Brent forecast to $105 per barrel from a prior estimate of $90, and it also increases its 2027 average Brent forecast to $88 from $80.
Quartz and Business Line - Home both report the same directional changes and key forecast levels. Investing.com similarly describes the move as a hike tied to supply disruption risks, though its provided summary contains no additional specifics.
Across the coverage, the emphasis stays on the bank’s updated forecasts and the rationale—risk to supply rather than demand changes. The outlets’ framing differs mainly in wording (such as “Middle East supply risks” versus broader “high/substantial” disruption risk), but the reported forecast figures align where details are given.
