Brent crude at $60 or $125 in 2027? Goldman Sachs flags Gulf oil supply as key trigger - Firstpost

Summary

Goldman Sachs forecasts a wide potential range for Brent crude by 2027, from a low of $60 to a high of $125 per barrel. The analysis identifies future oil supply decisions from Gulf producers as the primary determinant of price direction. This highlights the critical role of GCC investment and production strategy in shaping long-term market stability.