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Goldman Sachs Expects Brent/WTI Oil Prices To Average $63/59 In The Remainder Of 2025

ReutersApr 14, 2025 1:14 AM

- GOLDMAN SACHS:

  • EXPECT GLOBAL OIL DEMAND TO EDGE UP BY ONLY 0.3MB/D IN 2025 (ON A Q4-Q4 BASIS)

  • EXPECTS LARGE SURPLUSES IN 2025 (0.8MB/D) AND 2026 (1.4MB/D) TO FURTHER WEIGH ON OIL PRICES

  • EXPECTS BRENT/WTI OIL PRICES TO EDGE DOWN AND AVERAGE $63/59 IN THE REMAINDER OF 2025 AND $58/55 IN 2026

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