Goldman Sachs says OPEC+ decision to start gradually unwinding the 1.65 mb/d of cuts likely primarily reflects that OECD commercial stocks remain low
says it keeps its Brent/WTI price forecast unchanged for 2025, close to the forwards, and for the 2026 average at $56/$52 ays expect slightly larger surplus in 2026 as upgrades to supply in Americas outweigh downgrade to Russia supply and upgrade to global demandrevises up its 2026 oil surplus forecast to 1.9 mb/d (vs. 1.7MB/d prior) Full 1.65 mb/d unwind is plausible, we assume group will leverage its flexibility to pause quota increases from Jan 2026 under our assumption that OECD commercial stocks start rising noticeably in 2025q4 This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about goldman sachs says it keeps its brent wti price forecast unchanged for 2025 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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