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Goldman Sachs has cut its forecast for the average oil price next year by 12%, citing abundant production in the United States. The Wall Street bank wrote in a note Sunday that it now expects ...
The Goldman Sachs analysts say there's some upside in the short term, though. The analysts, led by Daan Struyven, forecast Brent prices will rise to $83 by mid-2025 if Iran's oil supply drops amid ...
Wall Street is raising its forecasts on oil prices following a surprise OPEC+ announcement to cut production. ... Goldman Sachs Commodities Research analysts increased Brent forecasts by $5/bbl to ...
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 ...
Goldman Sachs' analysts are lowering their fourth quarter 2023 and first quarter 2024 GDP forecasts by 0.4 and 0.2 percentage points respectively, to +0.7% and +1.9%.
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 ...
Yahoo Finance Live anchors discuss Morgan Stanley, UBS, and Goldman Sachs cutting their outlook on oil amid recession fears.
Oil prices could climb well into triple-digit territory by next year if Russia and Saudi Arabia don’t unwind their aggressive supply cuts, Goldman Sachs warned its clients.