Goldman Sachs' Struyven on raising 2026 Brent Forecast
Original Report
Daan Struyven, Co-Head of Global Commodities Research at Goldman Sachs, outlined the firm’s revised outlook for Brent crude, raising its forecast to an average of $85 per barrel this year, up from...
Daan Struyven, Co-Head of Global Commodities Research at Goldman Sachs, outlined the firm’s revised outlook for Brent crude, raising its forecast to an average of $85 per barrel this year, up from the previous estimate of $77. He noted that the disruption in the Strait of Hormuz represents the largest supply shock ever seen in the global crude market. He speaks with Shery Ahn and Haidi-Stroud Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Glass House Analysis
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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