Goldman Sachs raised its Brent oil price forecast for December by $5/bbl to $90/bbl on risks to Middle Eastern supply, according to a note dated Oct. 11. Continued adaptation of Mideast supply will eventually reduce crude oil prices, while potential renewed escalation still poses significant net upside risk,” analysts including Daan Struyven said in the note. 12-OCT-2026 05:46 AM ET