Publisher: Maaal International Media Company
License: 465734
Sunday, 6 April 2025
Goldman Sachs Cuts Oil Price Forecasts amid Tariff Concerns
Goldman Sachs has cut its annual average forecasts for Brent and West Texas Intermediate crude oil prices, citing the escalation in tariffs and a somewhat increased OPEC+ supply.
The bank said, “Our current average annual forecast is $69/$66 per barrel for Brent/WTI in 2025 and $62/$59 per barrel in 2026, which is $4 lower than the annual averages projected for 2026.”
Articles
© 2025 All rights reserved to Maaal Newspaper