pctay123
Publish Date: Fri, 13 Sep 2024, 10:20 AM
March 17 (Reuters) - Goldman Sachs has lowered its average 2026 forecasts for Brent and WTI crude oil prices, citing slower oil demand growth prospects, and expectations of higher OPEC+ supply.
The bank also expects Brent at $71 per barrel in December 2025, down $5 from its previous forecast, and sees WTI at $67, it said in the note dated Sunday.
Sign up here.
The following is a list of the latest brokerage forecasts for 2025 and 2026 average prices for Brent and WTI (in $ per barrel):
* indicates end-of-period forecast
# current as of given date, may not indicate date of revision
For a table of crude price forecasts as per Reuters' latest monthly poll, see
https://www.reuters.com/markets/commodities/bofa-lowers-2025-brent-forecast-by-5bbl-softer-demand-2024-09-06/