Sloping of his honor oil predicts Goldman Sachs As a report last week, analysts revealed that they were seeing the price of Brent falling below $ 40 per barrel.
Indeed, Goldman Sachs places the dip of oil pricing within the year.
“In a more extreme and less likely scenario both by slowing worldly GDP and full of the OPEC cuts, which would discipline the offering outside OPEC, we estimate that Brent will fall below $ 40 at the end of 2025,” the report warn.
This is one of the four “price scenarios”, highlighted by Goldman Sachs analysts in the exhibition. Analysts have described that, according to their basic scenario, they expect Brent to an average of $ 63 per barrel of $ 2025 and $ 58 per barrel in 2026.
“Our main scenario assumes that first, the US is avoiding recession, and secondly, OPEC +’s offer is growing only mildly,” said Goldman Sachs analysts.
Analysts warn that the risks to their predictions about oil price are mainly downward.
Describing another downward scenario in the report, analysts said that with a typical US recession shock and the main scenario for OPEC, they estimate that Brent will an average of $ 61/53.
“We also see some downward risks to oil prices from a potentially greater increase in OECD’s commercial reserves, even under our main bid-demand scenario,” analysts continue in the report.
Goldman Sachs report describes that the company’s main scenario sees Brent’s spot price on average at $ 66 per barrel in $ 2025 and $ 58 per barrel in 2026. Brent’s spot price is expected to be $ 65 per barrel in the second quarter of the current year, in the second quarter of the current year, A barrel in the fourth quarter, at $ 61 per barrel in the first quarter of 2026, at $ 59 per barrel in the second quarter, at $ 57 per barrel in the third trimester and at $ 56 per barrel in the fourth quarter, the report said.