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Goldman Sachs: Oil Prices To Drop to $53 In 2026
Oil prices are set to further drop into next year from current levels amid a large surplus on the market, with the U.S. benchmark WTI Crude expected to average $53 per barrel in 2026, according to ...
Goldman has initiated Vallourec at Buy with a €19.5 price target, implying around 27% upside, while Tenaris is started at Neutral with price targets of €18.8 and $43.6, offering 9% and 7% upside, ...
Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing ...
Goldman Sachs on Sunday said it is maintaining a guarded stance on oil prices, holding its forecasts below current futures despite signs of stronger global economic growth. The investment bank cited ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The Wall Street bank expects Brent Crude prices to trade in a range of ...
Crude prices fell sharply after OPEC+ surprised markets with a bigger-than-expected production hike. This prompted Goldman Sachs to slash its oil price outlook and triggered a selloff in U.S. energy ...
The tariff wars and high spare capacity, mostly from the OPEC+ producers, are skewing the oil price risk to the downside in the medium term, according to Goldman Sachs. “While we reduced our Brent ...
Goldman Sachs analysts scrutinized President Donald Trump's social media posts for oil price insights. They said Trump's posts showed a correlation with oil prices. The analysts said Trump seemed to ...
Russia's oil exports remain steady, but energy revenues have dropped sharply this year. US sanctions on major Russian oil ...
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with Brent crude already approaching $80 per barrel and the possibility of hitting ...
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Detailed price information for Goldman Sachs Group (GS-N) from The Globe and Mail including charting and trades.
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