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Goldman Sachs Raises December Brent Oil Price Forecast to $105

Source: OilPrice.com · Nov 02, 2026 09:00 UTC

The Quick Take

Goldman Sachs commodity analysts have revised their price forecast for Brent crude upwards, now expecting the benchmark to average $105 in December and remain elevated next year as well. This represents a nearly 17% increase from Goldman’s previous December forecast of $90 per barrel, with the team citing heightened risks to supply security, as reported by Bloomberg. The revision, which is the lat

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