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Goldman Expects Brent to Average $76/bbl in 2025
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.
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.
Goldman Sachs Expects Brent Oil to Average $76 Per Barrel in 2025
Goldman Sachs predicts Brent crude oil prices to average $76 per barrel in 2025 due to an expected oil market surplus.
Goldman Sachs expects oil prices to average $76 in 2025
Goldman Sachs predicts Brent crude prices to average $80 per barrel this year, despite geopolitical uncertainties and supply shortages. The US
Goldman Expects Brent to Average $76/bbl in 2025; Sees Modest Oil Surplus -- OPIS
Analysts noted that the market still has confidence in a modest 2025 crude oil surplus. That expectation has depressed positioning and valuation. Goldman is still bullish on investments in oil, predicting that the total return on Brent by year-end 2025 might be a "robust" 13% or so.
1d
XOP: Oil And Gas Relative Strength Picks Up, ETF Valuation Compelling
We are bullish on energy stocks, particularly XLE and XOP, citing strong technicals, low P/E ratios, and potential for growth ...
Business Insider
2d
Oil Price (WTI/Brent)
The US investment bank
Goldman
Sachs
estimates the proportion ... each of which have different properties and
prices
. The types of crude
oil
come from regions as diverse as Alaska North Lope ...
6d
Goldman reveals the best commodities to buy for 2025
The broker is among a growing chorus of banks tipping iron ore to remain below $US100 a tonne next year. Meanwhile, copper ...
2d
Pound, gold and oil prices in focus: commodity and currency check, 22 November
Maruf Yusupov, co-founder of Deenar, a gold backed stable coin, said: With the conflict escalation, financial systems tend to ...
Mining Weekly
6d
Goldman says ‘go for gold’ as central banks buy, Fed cuts in ‘25
Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group Inc.
Greek Reporter
6d
Goldman Sachs Says “Go For Gold” as Central Banks Fuel Price Surge
Goldman Sachs analysts have called for investors to "go for gold," as they predict the commodity to have an unprecedented ...
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