From TokenPost · · 50s
Goldman Sachs Warns Rising Tanker Costs Could Lift Oil Prices
Goldman Sachs warns higher tanker freight rates may push Brent crude prices above $90 by late 2026.
In brief
Goldman Sachs warns higher tanker freight rates may push Brent crude prices above $90 by late 2026. Goldman Sachs says persistently high tanker freight costs could lift Brent crude prices to $90 per barrel by December 2026. Originally reported by TokenPost.
Goldman Sachs warns
Goldman Sachs says average global crude freight rates will exceed $20 per barrel in October 2025, up from $3 a year earlier.
Middle East Gulf to Asia route
Shipping crude from Middle East Gulf to Asia costs over $37 per barrel, five times prewar levels, with charter rates exceeding $1.3 million per day.
Brent crude price outlook
Goldman Sachs forecasts Brent crude prices to reach $90 per barrel by December 2026 and average $80 per barrel in 2027, with higher freight costs adding upside risk.
The main idea
Goldman Sachs says persistently high tanker freight costs could lift Brent crude prices to $90 per barrel by December 2026.
