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

Goldman Sachs sees Brent crude averaging $80 per barrel in 2027 under its base-case scenario, but warns prices could surge to $125 if Persian Gulf oil output remains severely disrupted.Global crude oil prices could slide into the $60-per-barrel range in 2027 if oil production in the Persian Gulf recovers faster than expected, Goldman Sachs said in its latest report.