A Reuters poll of nearly 500 economists raises inflation forecasts for 39 major economies due to Middle East hostilities pushing crude oil prices above $100 per barrel, while cutting growth views.
Goldman Sachs warns that prolonged Middle East conflict and blocked Strait of Hormuz shipments could drive international crude oil prices to $120 per barrel by year-end.
Goldman Sachs reports global oil stocks near an eight-year low at 101 days of demand, citing concerns over rapid depletion amid Strait of Hormuz tensions. While minimum operational levels remain unlik
A Reuters poll of 500 economists forecasts higher global inflation due to Middle East tensions threatening oil supplies via the Strait of Hormuz. Central banks monitor the situation as crude prices ex
Goldman Sachs raised its Q4 oil price forecasts to $90 per barrel for Brent crude due to reduced Middle East output. Analysts project a shift from surplus to deficit by Q2 2026 amid record inventory d
Goldman Sachs forecasts Gulf crude output will largely rebound within months after the Strait of Hormuz reopens, though logistics constraints and well performance risks may slow recovery despite signi
Goldman Sachs maintains 2026 crude oil price forecasts at $83 Brent and $78 WTI, citing softer demand in petrochemicals and jet fuel amid geopolitical normalization risks.
Goldman Sachs revised its 2026 crude oil price forecast to $83/$78 per barrel, citing Middle East geopolitical risks and supply dynamics. Upside risks include potential Strait of Hormuz disruptions, w
Oil prices surpassed $100 per barrel following reports of a US blockade in the Strait of Hormuz, while Goldman Sachs reported rising profits. These events highlight critical volatility in global energ
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