Goldman Sachs flips oil-price forecast and now says $120 Brent could be next
Why now
Thesis: Goldman flips to $120 Brent forecast
Catalyst to watch: Tighter expected oil balances
Main risk: Headline inflation pressure
Why it matters
Goldman reversing its oil forecast toward $120 Brent implies tighter expected balances, which would lift energy equities and add to headline inflation pressure if realized.
Sources
- googlenews · news.google.com · 2026-09-08 09:02 UTC
- googlenews · news.google.com · 2026-09-08 09:02 UTC