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Goldman Sachs outlines a possible $120 oil scenario

First seen: Sep 8, 2026, 12:17 PM UTCUpdated: Sep 8, 2026, 10:31 PM UTC

Goldman Sachs has presented a scenario in which oil prices reach $120 per barrel and warned that financial advisers should consider the implications. This is a forecast, not a confirmed price move.

A large oil-price spike would raise inflation and transportation costs and pressure household and business budgets.

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