Public Event Detail
Goldman hikes average Brent oil forecast to over $100 a barrel for March
Public historical observation from the Merrowstone archive. This page shows event-level context only. Accepted assertions, evidence lineage, and relationship intelligence remain part of the premium research layer.
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2026-03-13XOMExxon MobilAlpha Vantage Newsguidance
Event summary
Goldman Sachs expects Brent oil prices to average over $100 a barrel in March, driven by volatility related to the Iran war and disruptions in the Middle East energy infrastructure and Strait of Hormuz. The bank also raised its Q4 2026 Brent and WTI crude oil price forecasts, noting that prolonged disruptions could lead to even higher oil prices. Despite the immediate surge, Goldman anticipates Brent crude gradually easing to the low $70s later in the year under more stable conditions.
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