Goldman Sachs oil value forecasts:
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Brent crude (2025 common): $60 per barrel
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WTI crude (2025 common): $56 per barrel
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Brent crude (2026 common): $56 per barrel
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WTI crude (2026 common): $52 per barrel
Goldman Sachs expects OPEC+ to ship one final manufacturing improve of 410,000 barrels per day in August earlier than retaining output regular from September onward, based on a observe revealed Sunday.
The financial institution held to its conservative outlook on oil costs, citing strong provide development outdoors U.S. shale as a key issue behind weaker value expectations.
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