[Goldman Sachs: Oil Prices May Remain Elevated] Odaily Planet Daily News – The commodities research team at Goldman Sachs predicts that high oil prices are likely to persist for an extended period. Goldman Sachs currently expects oil flows through the Strait of Hormuz to remain at a low level of 5% below normal for as long as six weeks, before gradually returning to normal levels. Additionally, given the emphasis on risks associated with high production concentration and spare capacity, strategic reserves are expected to see structural growth, which will drive long-term prices higher. Goldman Sachs now forecasts the average price of Brent crude oil in 2026 to be $85 per barrel, up from the previous estimate of $77 per barrel. (Jin10)