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Goldman Sachs, OPEC
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.
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
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 uncertainty, citing an anticipated 0.4 mb/d surplus next year, the bank said in a note on Thursday.
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 supply as key factors.
Trump's New Tariffs on Canada, Mexico, and China
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.
Trump's proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would drive inflation up by nearly 1%, Goldman Sachs estimates.
Trump Tariffs Could Impact Imports From Mexico, Canada, China
Economists worry that Trump's tariff plan will raise the prices of a range of imported goods, from cars to electronics.
1d
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, ...
2h
on MSN
Oil little changed after surprise build in U.S. gasoline stocks
Oil prices held steady on Wednesday as a large, surprise build in U.S. gasoline stocks offset easing supply concerns from a ...
Yahoo
4d
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
2d
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, ...
The Financial Express
5h
Crude Oil stays steady amid ceasefire agreement between Israel and Hezbollah
Oil prices held steady on Wednesday as markets evaluated a ceasefire deal between Israel and Hezbollah while also ...
15h
Oil trades near two-week high; Goldman Sachs pegs Brent crude to average around $80/bbl in 2024
Oil hit a two-week high last week. Goldman Sachs sees upside risks to Brent prices in the short term, with prices rising to the mid-$80s in the first half of 2025 if Iranian supply drops by one millio ...
17h
Asia LNG prices could rise if European gas supply tightens this winter, says Goldman Sachs
Asia prices of liquefied natural gas (LNG) could jump to above $20 per million British thermal units (mmBtu) if European gas ...
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