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Goldman Sachs Warns: Oil Could Hit $100 by Year-End Amid Supply Squeeze | Nova Global News

Nova Global News

Goldman Sachs Warns: Oil Could Hit $100 by Year-End Amid Supply Squeeze | Nova Global News

Here is what the page “Goldman Sachs Warns: Oil Could Hit $100 by Year-End Amid Supply Squeeze | Nova Global News” contains. Goldman Sachs analysts have significantly upgraded their oil price forecast, warning that crude could surge to $100 a barrel by the end of the year if glob... Goldman Sachs analysts have significantly upgraded their oil price forecast, warning that crude could surge to $100 a barrel by the end of the year if global supply flows do not normalize.

The investment bank now projects West Texas Intermediate (WTI) to average $83 a barrel by the fourth quarter of 2026, signaling a persistent bullish outlook. This revision is driven by a confluence of factors, including sustained production cuts by OPEC+ nations, escalating geopolitical tensions in key energy-producing regions, and robust global demand that has outstripped available supply. The full version stays on the original page, which this listing opens directly.

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