Goldman Sachs, for example, expects Brent Crude prices to average over $100 per barrel<\/a> in March. Prices could surge higher if the biggest oil supply disruption in history extends into months instead of weeks, according to the Wall Street bank.\u00a0<\/p>\n If the disruption at the Strait of Hormuz extends to two months, the average Brent Crude price could be as high as $93 per barrel in the fourth quarter, with major spikes above $100 in the coming weeks. This compares to a forecast of average $71 per barrel Brent in the final quarter of the year.\u00a0<\/p>\n Early on Friday, Brent Crude prices<\/a> traded above $100, at $100.80 per barrel, while the U.S. benchmark, WTI Crude<\/a>, was trading above $95 a barrel.\u00a0\u00a0<\/p>\n Related: This Ohio Factory is Trump\u2019s Secret Weapon in the Rare Earth War<\/a><\/p>\n UBS, for its part, expects prices above $100 per barrel and a move higher into a more severe demand destruction territory of $120 a barrel if oil flows through the Strait of Hormuz remain choked.\u00a0\u00a0<\/p>\n Early this week, analysts at Wood Mackenzie said<\/a> that Brent could surge to $150 per barrel in the coming weeks, similarly to the price spike following the Russian invasion of Ukraine in 2022.\u00a0\u00a0<\/p>\n \u201cHowever, supply volumes at risk this time are dimensionally bigger \u2013 and real,\u201d WoodMac said.\u00a0<\/p>\n Back in 2022, oil supply was there and free flowing, and the market had to just wait out the inevitable redirection of Russian crude flows to China and India.\u00a0\u00a0\u00a0\u00a0<\/p>\n This time around, \u201cIn our view, US$200\/bbl is not outside the realms of possibility in 2026,\u201d WoodMac\u2019s analysts said.\u00a0\u00a0<\/p>\n By Michael Kern for Oilprice.com<\/a><\/p>\n![](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/01\/book.jpg\"\/)
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