04
Apr
Apr
Goldman Sachs Slashes Oil Price Forecasts by $15 as Tariff Fears and OPEC Surplus Loom
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News Editor / 7 months
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- 1 min read
Goldman Sachs has revised its Brent crude oil price forecast downward by 15 per barrel, now projecting an average of 75 for Q3 2025, citing escalating trade tensions and unexpected OPEC+ supply increases. Key Factors Driving the Downgrade: Trump Tariff Fallout: Potential 10-15% drop in global trade volumes Reduced industrial demand from China and Europe Strengthening […]