REFILE-Goldman sees downside risk to their $78/$73 per bbl avg Brent forecasts for 2025/2026
ReutersMar 4, 2025 5:30 AM
March 4 (Reuters) - Goldman Sachs sees two sources of downside risk to their $78/$73 a barrel average Brent forecasts for 2025/2026 (and $74/$68 for WTI) and their $70-85 Brent range, the bank said in a note on Monday.
The bank cited higher than expected supply as the first source, and downside risk to oil demand due to softer U.S. activity and tariff escalation as the second source.
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