Goldman Sachs Adjusts Crude Price Forecasts Amid Hormuz Strait Disruptions
Goldman Sachs has revised its forecasts for Q4 Brent and WTI crude prices, citing potential disruptions in the Hormuz Strait as a key factor.
Goldman Sachs has raised its forecasts for Brent and WTI crude prices for the fourth quarter of the year. This adjustment reflects concerns over potential disruptions in the Hormuz Strait.
The bank's analysts now expect Brent crude to trade around $90 per barrel, an increase from an earlier prediction of $80.
These changes come amid ongoing geopolitical tensions that could impact oil supply routes, particularly in this strategic maritime area.
Updates
Update at 23:42 UTC on 2026-04-20
Oil & Gas reported Goldman Sachs Raises Q4 Brent, WTI Crude Price Forecast Amid Longer Hormuz Disruption EnergyNow.com.
Sources: Oil & Gas
Update at 05:18 UTC on 2026-04-27
Oil & Gas reported Goldman Sachs Raises Oil Price Forecast Yet Again Crude Oil Prices Today | OilPrice.com. Financial Times reported Analysts expect Brent crude to trade at about $90 in fourth quarter, up from earlier $80 prediction. Oil & Gas reported Goldman Sachs raises oil price forecast as war disruption drags on Financial Times.
Sources: Oil & Gas, Financial Times