Goldman Sachs Forecasts Oil Glut in 2027 but Prices Expected to Remain Stable

Goldman Sachs has revised its oil price forecasts downward for the fourth quarter of 2026 and all of 2027, anticipating a market surplus despite not expecting significant price drops. The firm cited an earlier-than-expected recovery in Persian Gulf exports as the main reason behind these adjustments.

By Tobi Opeyemi Amure Fri, June 26, 2026 at 2:03 PM GMT+3 6 min read · Yahoo Finance · June 26, 2026, 11:03 UTC

Goldman Sachs Forecasts Oil Glut in 2027 but Prices Expected to Remain Stable

Tickers: $GS

Topics: Goldman Sachs forecast oil prices supply and demand dynamics

Read the full article at Yahoo Finance

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