Goldman Sachs sees Brent oil worth averaging $78 in 2025

Equally, in addition they bumped up their common forecast for subsequent yr to $73. The earlier forecast for 2026 was $71 beforehand.

Goldman Sachs says that they’re searching for a mean peak of round $80 in April to Could this yr. However the agency estimates that Brent oil may rise to as excessive as $93 when sanctioned provide falls – within the case of Iran and Russia. In the meantime, in addition they see a situation wherein Brent oil may fall to the low $60s in 2026 amid a 10% common tariffs situation. As such, they’re reducing their honest worth estimate for the subsequent 36 months to $68 (vs $70 beforehand).

This text was written by Justin Low at www.ubaidahsan.com.



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