Goldman Sachs sees Brent falling to low $50s by 2026 as oil surplus swells
Goldman Sachs sees Brent sliding to low $50s by late 2026 on surplus construct.
Goldman Sachs expects Brent crude costs to say no to the low USD 50s by the tip of 2026 as the worldwide oil market suggestions deeper into surplus. The financial institution forecasts provide will exceed demand by a median of 1.eight million barrels per day from This fall 2025 by means of This fall 2026, swelling world inventories by virtually 800 million barrels by the shut of that interval.
This text was written by Aaron Cutchburt at investinglive.com.
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