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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.
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, impact of energy policies from the incoming Trump administration on the market,
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.
Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Oil prices could drop to the low $60s by the end of 2026 if demand takes a hit from Trump's sweeping tariffs, Goldman Sachs says.
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 market.
9m
on MSN
Goldman Sachs analyst spells out ‘significant consequences’ of Trump’s huge tariff plans
Exit polls taken on Election Day showed that nearly â…“ of voters ranked the economy as their top issue. Throughout his ...
The Express Tribune
1h
Oil prices slip after surprise stock build
HOUSTON: Oil prices edged lower on Wednesday as a large, surprise build in US gasoline stocks outweighed easing supply ...
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, ...
7h
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.
1h
on MSN
Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs
By Florence Tan, Siyi Liu and Robert Harvey SINGAPORE/LONDON (Reuters) -Oil producers in Canada and Mexico will likely be ...
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