Translated regional report

Goldman Sachs: Oil prices could rise to $120 per barrel

Automated translation and editorial curation by Middle East CatchSite publication Sep 7, 2026, 04:19 AM UTC

Original report: Sky News ArabiaOriginal publication Sep 7, 2026, 04:18 AM UTCEditorial policy

Goldman Sachs: Oil prices could rise to $120 per barrel Bloomberg News reported on Sunday that Goldman Sachs banking group stated that oil prices could rise to $120 per barrel if attacks on shipping in the Middle East escalate, and recommended betting on natural gas and diesel to capitalize on potential gains.

Sky News Arabia · View original

Continue tracking

Follow the next verified update

Check the live feed for newer reports or share this article's permanent link.

Open the live news feed Track Hormuz and Gulf oil

Related reports from other sources

Ships flee from HormuzFars News Agency The price of oil in global markets has started to rise, reaching the range of $97…Tasnim News Agency A U.S. Navy E-2D Hawkeye command and control aircraft lands aboard USS George…U.S. Central Command