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Fundamental Analysis Posted 50 min ago

Goldman Sachs Raises Oil Forecasts for 2026-2027, Cuts 2028

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Goldman Sachs lifted Brent crude to $108/bbl for Q4 2026 (from $95) and WTI to $96 (from $85), with 2027 full-year Brent at $88 and WTI at $78. However, 2028 forecasts fell to $73 and $66 respectively. Higher oil prices support CAD and weigh on EUR energy costs amid eurozone debt stress; traders watch whether sustained crude strength reshapes Fed rate expectations through inflation channels.
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