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.
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, impact of energy policies from the incoming Trump administration on the market,
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.
Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Oil prices could drop to the low $60s by the end of 2026 if demand takes a hit from Trump's sweeping tariffs, Goldman Sachs says.
Goldman Sachs expects oil prices to average $76 in 2025
Goldman Sachs predicts Brent crude prices to average $80 per barrel this year, despite geopolitical uncertainties and supply shortages. The US
Oil watchers say inflation risks will stave off Trump's Canada tariff threat
Higher fuel prices are on the cards if President-elect Donald Trump implements tariffs on Canada, said industry experts.
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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, ...
Oil holds steady, focus on Israel-Hezbollah ceasefire, OPEC+ meeting
Oil prices held steady on Wednesday as markets evaluated a ceasefire deal between Israel and Hezbollah while also ...
XOP: Oil And Gas Relative Strength Picks Up, ETF Valuation Compelling
We are bullish on energy stocks, particularly XLE and XOP, citing strong technicals, low P/E ratios, and potential for growth ...
Occidental Petroleum Corporation (OXY): Analysts Are Bullish On This Oil and Gas Stock Now
We recently compiled a list of the Top 10 Oil and Gas Stocks To Buy According to Analysts. In this article, we are going to ...
Oil prices rise, with focus on Israel-Hezbollah ceasefire and Opec+ policy
SINGAPORE: Oil prices edged up on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah and Sunday's OPEC+ meeting, in which the group could delay a ...