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Goldman Sachs has cut its forecast for the average oil price next year by 12%, citing abundant production in the United States. The Wall Street bank wrote in a note Sunday that it now expects ...
Goldman Sachs analysts are less bullish on oil heading into the second half of the year. The firm lowered its year-end price target on Brent ( BZ=F) to $86 per barrel, down from a prior forecast ...
Higher oil prices are a "manageable" challenge for the economy and shouldn’t have too much of an impact on the US consumer or the country’s gross domestic product, according to Goldman Sachs ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
Oil prices could climb well into triple-digit territory by next year if Russia and Saudi Arabia don’t unwind their aggressive supply cuts, Goldman Sachs warned its clients.
Goldman Sachs has cut its forecast for the average oil price next year by 12%, citing abundant production in the United States.
Oil prices are making a strong move higher, causing Goldman Sachs to come out very bullish on several industry players. Oil prices are rallying — Goldman Sachs says trade these stocks for big ...
Goldman Sachs analysts see a more optimistic view on global economic growth bolstering oil, which just capped its best month in over a year. Oil rallies in July as traders give up 'growth ...