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Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with Brent crude already approaching $80 per barrel and the possibility of ...
Goldman Sachs predicts that oil prices could fall about 20% to the low $60s by the end of 2026. The analysts point to Trump's proposals for tariffs, posing demand risks in an already oversupplied ...
That alone should add $2 to the per-barrel price of oil. Secondly, Goldman Sachs warned that some of its assumptions for oil production may be incorrect if the OPEC+ cut extensions continue.
Last week, Goldman Sachs raised Brent oil price forecast for this year and 2026 to $78 (versus $76 previously) and $73 (from $71), respectively.
Goldman Sachs has cut its forecast for the average oil price next year by 12%, citing abundant production in the United States. Goldman Sachs lowers its 2024 oil price forecast by 12% due to ...
The magnitude of oil's increase is small compared to periods in 2008 and the first half of 2022, Goldman says. Higher oil prices 'a manageable headwind' for the US economy, Goldman says [Video ...
Oil prices are expected to jump this summer on demand for transportation and cooling. Goldman Sachs analysts forecast Brent crude prices to rise to $86 per barrel, almost a 7% increase from ...
Goldman Sachs analysts are less bullish on oil heading into the second half of the year. The firm lowered its year-end price target on Brent to $86 per barrel, down from a prior forecast of $95 ...