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 Sachs projects a surplus of 1.9 million barrels per day by 2026, driven by OPEC+ supply increases and higher output from the Americas. The bank forecasts Brent crude could fall to $53–$56 per ...
U.S. oil prices on Tuesday traded near their lowest level since February 2021. Despite what seemed like bottom-scraping price action, Goldman Sachs suggests investors short the commodity. The January ...
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