Goldman Sachs lifted its late-2026 price projections for Oil – Brent Crude and Oil – US Crude, increasing its fourth-quarter targets by $6 to $60 and $56 per barrel, respectively. The bank cited tighter-than-anticipated OECD inventories despite still expecting a global surplus in 2026, implying a more supportive floor for medium-term crude benchmarks.
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Over the past month, Brent futures have gained about 8.64%, while WTI has advanced roughly 8.24%, reflecting improving sentiment around demand and supply discipline. Both contracts currently flash a short-term Buy signal and Buy signal on 1-day technicals, suggesting momentum remains skewed to the upside for now. Investors can explore more updates, prices, and analysis across global markets at Commodities.