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Goldman Sachs, OPEC

Crude Oil Prices · 18h

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.

Crude Oil Prices · 3d

Goldman Sachs Expects No Change in Oil Prices Next Year

Goldman Sachs expects oil prices to remain relatively stable in 2025, citing ample spare capacity and potential Iranian supply as key factors.

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.

Trump, Canada and Goldman Sachs

Trump’s Canada tariffs may impact US consumers and oil refiners, warns Goldman Sachs

Goldman Sachs has warned that Trump’s tariffs on Canadian and Mexican crude oil could hurt US consumers significantly.

U.S. News & World Report · 7h

Trump's Proposed Tariffs on Canada Would Drive up Pump Prices, Analysts Warn

U.S. President-elect Donald Trump's pledge to impose tariffs on Canada would drive up fuel prices for Americans as it would upend decades-old oil trade from its top crude supplier, analysts said on Wednesday.

Fox Business on MSN · 12h

Trump's proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns

President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would drive inflation up by nearly 1%, Goldman Sachs estimates.

1don 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, ...

22h

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 ...

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 ...

2hon MSN

Oil slips on buildup in US gasoline stocks; eyes on weekend OPEC+ meeting

Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ ...

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, ...

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