Goldman Sachs says geopolitical conflicts, disruptions to energy and food supplies, and extreme weather could keep commodity prices volatile into 2027. Its base case sees Brent and European gas falling to $90/bbl and EUR70/MWh by end-2026 as Middle East supply recovers. However, if Gulf output stays 5 million barrels per day below February 2026 levels, Brent could rally to $140 in early 2027 and average around $125/bbl that year. European gas could reach EUR 150/MWh if Gulf LNG exports stay depressed and winter is colder than average. The report also flags a more than 81% chance of a 'super' El Nino, which could hit crops through droughts and floods.
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▼ Likely negativeVietjet Air
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Travel & Leisure |
| Industry | Airlines |
| Market cap | 97,983 bn VND |
| P/E | 45.0 |
| P/B | 3.72 |
| Close on 10/21/2026 | 128.00 |
| Change that session | +0.47% |
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| Market | Vietnam stocks |
|---|---|
| Close on 10/21/2026 | 1,738.67 |
| Change that session | +2.76% |
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