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OPEC, Goldman Sachs and oil production cuts
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest near term upside to Brent prices, Goldman Sachs said.
Goldman Sachs: OPEC+ Cuts Provide Near-Term Upside to Oil Prices
OPEC+ is expected to extend its production cuts into 2025, which Goldman Sachs sees as providing near-term support for oil prices.
OPEC+ postpones meeting to decide oil production strategy to Dec. 5, sources say
The OPEC+ oil alliance has postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two delegate sources told CNBC.
1d
on MSN
Goldman Sachs warns Trump's tariffs could drive oil prices higher for consumers in the near term
Goldman Sachs' Samantha Dart predicts brent crude could reach $78 a barrel amid tight inventory and limited alternatives.
Crude Oil Prices
5d
Goldman Sachs Expects No Change in Oil Prices Next Year
Goldman Sachs expects oil prices to remain relatively stable in 2025, citing ample spare capacity and potential Iranian ...
8d
Goldman Sachs expects oil prices to average around $80/bbl in 2024
Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 deficit and geopolitical ...
4d
on MSN
Oil prices are now 'a touch too low' relative to inventory, says Goldman Sachs' Daan Struyven
Daan Struyven, Goldman Sachs head of global commodities research, joins 'Squawk Box' to discuss the state of the oil market, ...
3d
Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025
Brent crude oil prices hit a low of around $69 a barrel before breaching the $91 a barrel mark in April 2024 as geopolitical ...
Yahoo
7d
Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Goldman
Sachs
predicts that
oil
prices
could fall about 20% to the low $60s by the end of 2026. The analysts point to ...
businessday
5d
Goldman Sachs sees $76 oil in 2025
Brent Crude oil prices are set to average $76 per barrel next year, down from an expected average of $80 a barrel in 2024, ...
cnbctv18
3d
Crude oil production decline to support modest upside in Brent prices, says Goldman Sachs
Goldman Sachs said a rising adherence to these cuts indicates stronger collaboration among OPEC+ members to stabilise the ...
اخبار 24
8d
Goldman Sachs expects oil prices to average $76 in 2025
Goldman Sachs predicts Brent crude prices to average $80 per barrel this year, despite geopolitical uncertainties and supply shortages. The US ...
3d
Trump’s Canada tariffs may impact US consumers and oil refiners, warns Goldman Sachs
Goldman Sachs has warned that Trump’s tariffs on Canadian and Mexican crude oil could hurt US consumers significantly.
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