Goldman Sachs raised its December Brent crude price forecast by $5 to $90 a barrel, citing risks to supply in the Middle East. According to Sina Finance, analysts including Daan Struyven said continued adjustments in Middle East supply would eventually push crude prices lower, but the risk of renewed escalation still posed a significant net upside risk. They said Gulf oil exports had recovered to their 2025 average level and that the global market was broadly balanced in September. The report also said elevated oil prices were driven by supply risks, low inventories, physical restocking demand, and financial hedging. Goldman kept its 2027 Brent crude average price outlook at $80 a barrel, said U.S. benchmark WTI was unusually cheap relative to Brent because of high transport costs between Europe and the United States, and forecast December WTI at $81 a barrel and the 2027 full-year average at $73 a barrel.