Goldman Sachs expects WTI to stay near $75 by year-end and moderate to $70 in 2027, assuming a rapid recovery of Middle Eastern exports (by end of July) and production (by October). Saudi Arabia and UAE have spare capacity and will stabilize markets. Upside risk remains due to uncertainty about the Strait staying open; downside risk from potential lingering demand losses.
Yields
NDX
RUT
explicit
Metals
USD
Middle East oil exports sharp up
Goldman Sachs
9.0
Investment Bank $2500.00B
Daan Struyven 9.0
Investment Bank $2500.00B
Daan Struyven 9.0
WTI; Brent
6/17/2026 3:21:37 PM
- WTI (year-end) → 75
- Brent (year-end) → 75
- WTI (next year annual avg) → 70
wti
Base case: WTI stays near $75 by year-end, then moderates to $70 in 2027. Risks skewed to upside due to Strait uncertainty.
| 5/19/2026 3:31:58 PM | medium term cautious up | 20 days later | -10.24% | -5.12% |
| 4/29/2026 1:16:02 PM | medium term up | 20 days later | -6.48% | -6.48% |
| 4/25/2026 1:12:14 AM | medium term cautious up | 21 days later | +12.75% | +6.38% |
| 3/27/2026 9:31:06 AM | short term up | 7 days later | +9.26% | +9.26% |
| 3/24/2026 3:04:57 PM | medium term up | 20 days later | +1.06% | +1.06% |
| 3/24/2026 8:45:15 AM | medium term up | 20 days later | +1.06% | +1.06% |
| 3/20/2026 4:06:06 PM | short term sharp up | 7 days later | +16.74% | +25.10% |
| 3/18/2026 10:29:20 AM | short term up | 5 days later | -3.94% | -3.94% |
| 1/30/2026 6:19:23 AM | medium term cautious down | 21 days later | +6.71% | -3.36% |
| 1/13/2026 10:26:30 AM | medium term down | 20 days later | +1.92% | -1.92% |
| 12/19/2025 7:26:29 PM | medium term down | 21 days later | +2.57% | -2.57% |
| 11/26/2025 10:19:54 AM | medium term cautious down | 20 days later | -5.35% | +2.67% |
| 10/31/2025 3:16:06 PM | medium term down | 21 days later | -3.62% | +3.62% |
| 9/29/2025 2:12:26 PM | short term down | 6 days later | -1.09% | +1.09% |
