Goldman Sachs Flags Risk of $100 Oil on Prolonged Hormuz Disruption

Goldman Sachs cautioned that crude prices could climb above $100 per barrel as early as next week if disruptions to shipments through the Strait of Hormuz persist, highlighting rising upside risks to its existing forecasts. The bank’s reassessment focuses on Oil – US Crude, with traders increasingly pricing in prolonged supply constraints and potential spillovers across the broader energy complex.

Over the past month, Oil – US Crude has advanced about 24.75%, reflecting mounting geopolitical risk premia, and its 1-day technical stance is a bullish Buy. In contrast, Natural Gas has fallen roughly 18.80% in the same period, with near-term momentum aligned to a bearish Strong Sell, underscoring divergent dynamics within the energy space. Investors can explore more updates, prices, and analysis across global markets at Commodities.