Energy
Goldman Sachs Adjusts Q4 Oil Price Forecast Following Middle East Production Decline
Goldman Sachs has revised its oil price outlook for Q4, citing a decrease in production from the Middle East as a significant factor influencing this change.
Editorial Staff
1 min read
Updated 4 days ago
Goldman Sachs has updated its forecast for oil prices in the fourth quarter of 2026, anticipating an increase.
The adjustment is primarily attributed to reduced oil production in the Middle East, which has been a critical factor in the forecast change.
This revision reflects ongoing developments in the region and their potential impact on global oil markets.
Updates
Update at 06:43 UTC on 2026-05-03
Oil & Gas reported Goldman Sachs cuts Q2 2026 oil price forecasts after US.–Iran ceasefire MSN.
Sources: Oil & Gas