# Goldman Sachs Lifts December Brent Forecast to $105 a Barrel By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/46136 Published: 2026-11-02T04:20:25.000Z Updated: 2026-11-02T04:20:25.000Z Section: Investing > The bank also raised its broader oil outlook for year-end and 2027 as crude-supply concerns grew and markets priced in post-election escalation risk. Goldman Sachs raised its December Brent projection to $105 a barrel from $90, while lifting its wider oil outlook for year-end and 2027. The change comes as concerns about crude supply increase. Markets are also factoring in a risk of escalation after the Nov. 3 U.S. midterm elections. The bank's earlier outlook put December Brent at $90 a barrel and projected a 2027 average of $80. TokenPost covered [that earlier forecast](). ## Links in this article - [that earlier forecast](https://www.tokenpost.com/news/investing/36972)