🚨 OIL ALERT — Goldman Sachs Raises Forecast Again
📊 Key Highlights:
• Goldman Sachs now sees Brent at $90 & WTI at $83 (Q4 outlook)
• Current prices already elevated — supply still tight
• Middle East disruptions → ~13–14M b/d shortfall risk
⚡ What’s Driving It?
• Stalled Iran–US nuclear talks
• Inventory drawdowns + product shortages
• No quick replacement for lost supply
💡 Big Insight:
Higher prices = demand destruction ahead
→ Goldman expects -1.7M b/d demand drop short-term
❓ Next Move:
Will oil spike further before demand collapses?
👇 Watch energy markets closely
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