Oil
Goldman Sachs Raises December Brent Oil Price Forecast to $105
CEII brief
OilPrice.com reported on 2 Nov 2026: Goldman Sachs Raises December Brent Oil Price Forecast to $105.
Read the full story on OilPrice.comGoldman Sachs commodity analysts have revised their price forecast for Brent crude upwards, now expecting the benchmark to average $105 in December and remain elevated next year as well.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
9.5% of world merchandise exports were fuels in 2025Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
