Goldman Reiterates $64 Oil Price Forecast

Goldman Reiterates $64 Oil Price Forecast

Goldman Sachs has maintained its oil price forecast for Brent crude, seeing the benchmark averaging $64 over the fourth quarter of the year despite recent developments that have pushed both Brent and West Texas Intermediate higher. “Increasing pressure on Russia and Iran sanctioned oil supply poses an upside risk to our price forecast, especially given the faster-than-expected normalization in spare capacity,” Goldman analysts said in acknowledg…

ThePatriotLight - Goldman keeps Brent oil forecast, but flags downside risks to demand

ThePatriotLight - Goldman keeps Brent oil forecast, but flags downside risks to demandGoldman keeps Brent oil forecast, but flags downside risks to demand

Goldman keeps Brent oil forecast, but flags downside risks to demand – Oil & Gas 360

(BOE Report)– Goldman Sachs on Sunday reiterated its oil price forecast with Brent averaging $64 per barrel in the fourth quarter of 2025 and $56 in 2026, but expects an increasing range of risks to its baseline estimates from recent developments. “Increasing pressure on Russia and Iran sanctioned oil supply poses an upside risk to our price forecast, especially given the faster-than-expected normalization in spare capacity,” the investment bank…

Goldman Sachs Holds Brent Oil Forecast at $64 Despite Supply Risks

Goldman Sachs has maintained its forecast for Brent crude to average $64 per barrel in the final quarter of the year, despite a surge in oil prices driven by geopolitical tensions and shifting supply dynamics,   The investment bank believes that, although the oil market is reacting to tightening supply from sanctioned nations like Russia and Iran, broader economic signals are weighing against a bullish outlook.  In a recent note, Goldman Sachs a…

Goldman Keeps Brent Oil Forecast, but Flags Downside Risks to Demand - Energy News, Top Headlines, Commentaries, Features & Events

Goldman Sachs on Sunday reiterated its oil price forecast with Brent averaging $64 per barrel in the fourth quarter of 2025 and $56 in 2026, but expects an increasing range of risks to its baseline estimates from recent developments.“Increasing pressure on Russia and Iran sanctioned oil supply poses an upside risk to our price forecast, ...

Goldman keeps Brent oil forecast, but flags downside risks to demand - Finnoexpert

Goldman keeps Brent oil forecast, but flags downside risks to demand Source link