Goldman Sachs flips on oil-price forecasts and says $120 Brent could be next.
Why now
Thesis: Goldman flips to possible $120 Brent
Catalyst to watch: Tighter supply-demand balances
Main risk: Inflationary for headline CPI
Why it matters
Goldman flipping its oil forecast to a possible $120 Brent implies tighter expected supply-demand balances, supportive for energy equities and inflationary for headline CPI.
Sources
- googlenews · news.google.com · 2026-09-08 09:00 UTC