Markets
April 27, 2026
Oil Price: Goldman Raises Brent to $90 as Record Inventory Draws Accelerate
The oil price outlook has been sharply revised upward by Goldman Sachs as the bank warns that global stockpiles are being depleted at an unprecedented rate. The investment bank raised its fourth-quarter 2026 Brent crude forecast to $90 per barrel, up from $80, while West Texas Intermediate was lifted to $83 from $75. The revisions […]