Last Updated: October 21, 2026

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  • Tag: Market Forecast

    Goldman Sachs Raises Oil Forecast to $90/Barrel Amid Gulf Supply Disruptions

    Global investment bank Goldman Sachs has raised its crude oil price forecast to $90 per barrel, citing prolonged supply disruptions caused by restrictions in the Strait of Hormuz and slower-than-expected recovery in Gulf exports. The revised outlook has intensified concerns across global energy markets amid mounting geopolitical tensions in the region. Supply Shock Behind Forecast.