https://www.live-feeds.com/feed/goldman-sachs-raises-december-brent-oil-price-forecast-to-105Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/goldman-sachs-raises-december-brent-oil-price-forecast-to-105https://www.live-feeds.com/feed/goldman-sachs-raises-december-brent-oil-price-forecast-to-105#u175915Thu, 05 Nov 2026 01:25:44 +0000Goldman Sachs increased its Brent crude oil price forecast for December to $105, citing substantial supply risks and escalating geopolitical threats. This adjustment is part of a broader upward revision for 2026 and 2027 price targets. While Goldman warns of potential averages reaching $130 per barrel next year, the market saw a short-term dip following the US midterms. Brent crude settled at $93.52 on 4 November 2026 after the Democratic Party won control of both the US Senate and House of Representatives.Why it mattersOil markets are currently reacting to a combination of US political shifts