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Brent Crude may hit $125 in 2027 if oil supply disruptions deepen: Goldman Sachs

New Delhi, Oct 12 (UNI) Global crude oil prices could remain elevated through 2027, with the outlook hinging on the extent of supply disruptions in West Asia, damage to energy infrastructure and the pace at which oil production recovers from the ongoing conflict, according to projections by Goldman Sachs and S&P Global Energy. Goldman Sachs has outlined a scenario in which Brent crude could average around $125 per barrel in 2027 if average Gulf oil production remains 5 million barrels per day (mb/d) below February 2026 levels. This compares with the investment bank's base-case assumption of production remaining 0.3 mb/d…

News Details

Words:
101
Type:
TEXT
Slug:
BUSINESS BRENT CRUDE OIL SUPPLY SACHS
Source
UNI India
Category
,
Published At
12/10/26 07:54
Last updated
12/10/26 07:54
Location
New Delhi, India