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Goldman Sachs, OPEC
Goldman Sachs: OPEC+ Cuts Provide Near-Term Upside to Oil Prices
OPEC+ is expected to extend its production cuts into 2025, which Goldman Sachs sees as providing near-term support for oil prices.
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest near term upside to Brent prices, Goldman Sachs said.
Crude oil production decline to support modest upside in Brent prices, says Goldman Sachs
Goldman Sachs said a rising adherence to these cuts indicates stronger collaboration among OPEC+ members to stabilise the market.
2d
on MSN
Oil prices are now 'a touch too low' relative to inventory, says Goldman Sachs' Daan Struyven
Daan Struyven, Goldman Sachs head of global commodities research, joins 'Squawk Box' to discuss the state of the oil market, ...
6d
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 ...
1d
Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025
Brent crude oil prices hit a low of around $69 a barrel before breaching the $91 a barrel mark in April 2024 as geopolitical ...
Yahoo
5d
Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Goldman
Sachs
predicts that
oil
prices
could fall about 20% to the low $60s by the end of 2026. The analysts point to ...
businessday
3d
Goldman Sachs sees $76 oil in 2025
Brent Crude oil prices are set to average $76 per barrel next year, down from an expected average of $80 a barrel in 2024, ...
17h
on MSN
Goldman Sachs analyst spells out ‘significant consequences’ of Trump’s huge tariff plans
Exit polls taken on Election Day showed that nearly ⅓ of voters ranked the economy as their top issue. Throughout his campaign, Trump played heavily on voters’ economic concerns, promising to lower ...
4h
on MSN
Oil rises as Israel-Hezbollah ceasefire violated, OPEC+ delays meeting
Oil prices rose nearly 1% Thursday after Israel reported ceasefire breaches with Hezbollah, reigniting Middle East tensions.
8h
on MSN
Oil steady after surprise rise in US gasoline stocks
Oil prices were little changed on Wednesday, pressured by a large surprise build in U.S. gasoline stocks and worries about ...
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