# Oil Prices May Drop to $80 by 2027

> Goldman Sachs predicts oil prices could fall to $80 per barrel by 2027 as Middle East supply recovers.
- Title: Oil Prices May Drop to $80 by 2027 · The Economic Times
- Summary: Goldman Sachs predicts oil prices could fall to $80 per barrel by 2027 as Middle East supply recovers. Goldman Sachs forecasts global oil prices to average…
- Keywords: goldman sachs, brent crude, oil prices, middle east supply, 2027, oil market surplus, Oil, Prices, May, Drop, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/energy/oil-gas/oil-prices-may-ease-to-80-per-barrel-in-2027-as-middle-east-supply-recovers-goldman-sachs/articleshow/135009000.cms
- Author: ANI
- Published: 2026-10-17T06:38:00+00:00
- Read time: 1 min
- Topics: goldman sachs, brent crude, oil prices, middle east supply, 2027, oil market surplus
## Goldman Sachs Forecast
Goldman Sachs Research predicts global crude oil prices could moderate to USD 80 per barrel in 2027.
## Middle East Supply Recovery
Persian Gulf oil exports have recovered to 2025 averages by late September 2026.
## Market Balance Shift
Global oil demand exceeded supply by 0.3 million barrels per day in September 2026.
## Price Risk Premium
Current crude prices include a risk premium of nearly USD 25 per barrel for potential supply disruptions.
## Demand Weakness
Global oil consumption dropped 3.3 million barrels per day year-on-year in Q3 2026.
## 2027 Outlook
Oil prices expected to average $80 per barrel in 2027 as market moves toward surplus.
## Key takeaway

Goldman Sachs forecasts global oil prices to average $80 per barrel in 2027 after Middle East supply recovers.