{"publisher":{"name":"MediaBias News","url":"https://mediabias.news","methodology":"https://mediabias.news/methodology","editorialPrinciples":"https://mediabias.news/editorial-principles","corrections":"https://mediabias.news/corrections"},"scoreGuide":{"trust":"How well corroborated and evidenced the source reporting is. 0-100, higher is better.","critic":"Craft quality of the source journalism: context, balance, fact vs comment. 0-100, higher is better.","hype":"How far the source presentation runs ahead of substance. 0-100, LOWER IS BETTER.","scope":"Scores assess the original reporting this article was written from, not the truth of the underlying event and not the quality of this write-up."},"assessmentGuide":{"type":"coverage-and-source-reporting-analysis","factCheck":{"status":"not-performed","note":"Media Bias News compares coverage and scores the source reporting. It does not currently publish a ClaimReview verdict on whether the underlying event or claim is true."},"sourceFactuality":{"note":"Factuality values describe published ratings of the outlets that covered the story. They are not a factuality verdict on this story or its claims."}},"story":{"id":"https://mediabias.news/business/goldman-sachs-lifts-2026-brent-forecast-to-105-sees-140-potential","slug":"goldman-sachs-lifts-2026-brent-forecast-to-105-sees-140-potential","url":"https://mediabias.news/business/goldman-sachs-lifts-2026-brent-forecast-to-105-sees-140-potential","title":"Goldman Sachs lifts 2026 Brent forecast to $105, sees $140 potential","subtitle":"Investment bank cites elevated supply disruption risks in the Middle East and Russia-Ukraine conflicts.","excerpt":"Goldman Sachs has increased its oil price forecasts, projecting Brent crude could reach $105 per barrel by December 2026. The bank also warned of a potential surge to $140 in 2027 under specific supply disruption scenarios.","category":"Business & Economy","area":"Middle East","publishedAt":"2026-11-02T08:46:08.892Z","sourceReportedAt":"2026-11-02T08:17:00.000Z","updatedAt":"2026-11-02T09:30:10.597Z","readTime":"3 min read","scores":{"trust":70,"critic":95,"hype":15,"notes":{"trust":"Trust 70: two independent full reports name Goldman Sachs and strategist Daan Struyven with specific forecast figures.","critic":"Critic 95: explains why forecasts matter, includes quote, separates facts, gives precise numbers and future outlook.","hype":"Hype 15: language is measured; no sensationalist exaggeration beyond standard financial reporting."}},"tags":["#OilPrices","#GoldmanSachs","#BrentCrude","#EnergyMarkets","#Geopolitics"],"entities":["Goldman Sachs","Brent crude","West Texas Intermediate (WTI)","Middle East","Russia","Ukraine"],"body":[{"type":"key_takeaways","items":["Goldman Sachs has raised its December 2026 Brent crude oil forecast to $105 per barrel, up from $90.","The bank also increased its 2027 average Brent forecast to $88 per barrel from $80.","A scenario where Gulf production remains 3.5 million barrels per day below its 2025 average could see Brent reach $140 per barrel in 2027, Goldman Sachs warned.","Elevated geopolitical risks, including conflicts in the Middle East and Russia-Ukraine, are cited as reasons for the forecast adjustments."]},{"type":"paragraph","text":"Goldman Sachs has revised its oil price projections upwards, citing increased risks to global supplies. The investment bank raised its forecast for Brent crude oil to $105 per barrel for December 2026, an increase from its previous $90 estimate. Its average forecast for 2027 was also lifted to $88 per barrel from $80."},{"type":"paragraph","text":"The bank issued a warning that Brent crude could potentially reach $140 per barrel in 2027. This scenario is contingent on Gulf region oil production remaining 3.5 million barrels per day below its 2025 average. Goldman Sachs also increased its forecast for West Texas Intermediate (WTI) crude to $94 per barrel for December 2026, from $81, and its 2027 average WTI forecast to $78 from $73."},{"type":"heading","text":"Reasons for the forecast changes"},{"type":"paragraph","text":"Goldman Sachs attributes the upward revisions to a combination of factors, including intensified attacks on shipping, damage to oil infrastructure, and a persistent geopolitical risk premium. The bank anticipates that oil markets will increasingly factor in potential disruptions to Middle East supplies, the historical duration of major supply shocks, and concerns that a lasting diplomatic breakthrough will be difficult to achieve. Broader geopolitical uncertainties, such as the ongoing conflicts in the Middle East and between Russia and Ukraine, alongside increasing geopolitical fragmentation, are also identified as significant threats to global energy supplies."},{"type":"heading","text":"What the coverage left out"},{"type":"paragraph","text":"None of the centre or right-rated reports mentioned the specific figure of 3.5 million barrels per day by which Gulf production would need to fall below its 2025 average for Brent crude to reach $140 per barrel in 2027. This detail was present in the full reports from The Economic Times and CNBC, and in digests from vietnamplus.vn, Dagens industri, and sawaleif.com."}],"basedOn":[{"sourceName":"news-pravda.com","url":"https://news-pravda.com/world/2026/11/02/2712097.html","headline":"️ Goldman Raises Oil Forecasts Due to \"Significant\" Supply Risks","angle":"","publishedAt":"2026-11-02T09:21:04.000Z"},{"sourceName":"Interfax.ru","url":"https://interfax.ru/business/1126516","headline":"Goldman Sachs Increased Brent's Projection by 2027 to $88 per Barrel","angle":"","publishedAt":"2026-11-02T08:17:00.000Z"},{"sourceName":"vietnamplus.vn","url":"https://vietnamplus.vn/goldman-sachs-du-bao-gia-dau-brent-co-the-len-140-usd-moi-thung-post1145668.vnp","headline":"Goldman Sachs Forecasts Brent Crude Oil Prices Could Reach $140 per Barrel.","angle":"","publishedAt":"2026-11-02T07:33:27.000Z"},{"sourceName":"hathalyoum.net","url":"https://hathalyoum.net/articles/4257023","headline":"Goldman Sachs Is Raising His Oil Price Projections as Supply Risks Rise.","angle":"","publishedAt":"2026-11-02T07:12:06.000Z"},{"sourceName":"sawaleif.com","url":"https://sawaleif.com/%D8%BA%D9%88%D9%84%D8%AF%D9%85%D8%A7%D9%86-%D8%B3%D8%A7%D9%83%D8%B3-%D9%8A%D8%B1%D9%81%D8%B9-%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D8%AA%D9%87-%D9%84%D9%84%D9%86%D9%81%D8%B7-%D8%A8%D8%B1%D9%86%D8%AA-1118328","headline":"Goldman Sachs Is Raising His Oil Forecast: Brent Could Be $140 in 2027.","angle":"","publishedAt":"2026-11-02T07:04:45.000Z"},{"sourceName":"alborsaanews.com","url":"https://alborsaanews.com/2026/11/02/2003234","headline":"Goldman Sachs Is Raising His Oil Price Forecast.","angle":"","publishedAt":"2026-11-02T07:04:18.000Z"},{"sourceName":"Dagens industri","url":"https://di.se/live/goldman-sachs-raknar-med-annu-hogre-oljepris","headline":"Goldman Sachs Expects Even Higher Oil Prices","angle":"","publishedAt":"2026-11-02T06:27:47.152Z"},{"sourceName":"Banker.az","url":"https://banker.az/goldman-sachs-neftin-qiym%c9%99t-proqnozunu-k%c9%99skin-artirdi-h%c9%99tta-140-ssenarisi-d%c9%99-gund%c9%99md%c9%99dir","headline":"Goldman Sachs Sharply Raises Oil Price Forecast – Even $140 Scenario Is on the Agenda","angle":"","publishedAt":"2026-11-02T06:14:44.000Z"},{"sourceName":"asiae.co.kr","url":"https://asiae.co.kr/article/2026110214160046169","headline":"Goldman Sachs Raises International Oil Price Forecast… Brent Crude to $105 by Year-End","angle":"","publishedAt":"2026-11-02T05:21:47.000Z"},{"sourceName":"Times of India","url":"https://economictimes.indiatimes.com/markets/us-stocks/news/goldman-sachs-raises-oil-price-forecasts-warns-brent-could-hit-140-in-2027/articleshow/135445233.cms","headline":"Goldman Sachs raises oil price forecasts, warns Brent could hit $140 in 2027","angle":"","publishedAt":"2026-11-02T04:27:00.000Z"},{"sourceName":"The Economic 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CNBC's report also noted the Russia-Ukraine and Middle East conflicts as key factors contributing to the elevated risk."],"right":["The right-rated reports from Interfax.ru, Times of India, and The Hindu Business Line focused on the upward revisions of oil price forecasts. Interfax.ru's digest stated Goldman Sachs increased oil price projections for the end of the year and the following year due to increased risks of fuel disruptions. The Times of India's digest highlighted the warning that Brent crude could reach $140 per barrel in 2027 due to mounting geopolitical risks and potential Gulf supply disruptions, also mentioning shipping attacks and infrastructure damage. The Hindu Business Line's digest noted that Brent is now seen at $105 a barrel in December, up from $90, and will average $88 next year, attributing this to 'substantial' supply risks."],"comparison":""},"blindspot":{"status":"provisional","underrepresentedSide":"left","note":"Coverage is not closed; this is a provisional gap, not a settled blindspot finding."},"sourceFactualityDistribution":{"veryLow":1,"mixed":4,"high":1,"unknown":10,"veryHigh":2},"ownershipDistribution":{"mediaConglomerate":3,"billionaire":1,"independent":1,"other":1,"corporation":1},"firstDatedReport":{"sourceName":"CNBC","url":"https://cnbc.com/2026/11/02/goldman-raises-oil-price-forecasts.html","publishedAt":"2026-11-02T01:35:50.000Z"},"countries":[{"country":"Mumbai, Konkan Division, Maharashtra, India","count":2},{"country":"Englewood Cliffs, Bergen County, New Jersey, United States","count":1},{"country":"New York, New York, United States","count":1},{"country":"Chennai, Tamil Nadu, India","count":1},{"country":"India","count":1}],"outlets":[{"name":"CNBC","url":"https://cnbc.com/2026/11/02/goldman-raises-oil-price-forecasts.html","headline":"Goldman raises oil price forecast for December and 2027. 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