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Goldman Sachs sees final OPEC+ hike in August, cuts 2026 Brent forecast to $56

by Investor News Today
June 2, 2025
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Goldman Sachs sees final OPEC+ hike in August, cuts 2026 Brent forecast to $56
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Goldman Sachs oil value forecasts:

  • Brent crude (2025 common): $60 per barrel

  • WTI crude (2025 common): $56 per barrel

  • Brent crude (2026 common): $56 per barrel

  • 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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