Goldman Sachs reduces oil prices expectations amid concerns related to tariffs and high OPEC+ supplies

Goldman Sachs has reduced oil prices, noting concerns about escalating commercial tariffs and a slight increase in offer from Opec+producers.

• Brent crude sees an average of $ 69 a barrel and WTI at $ 66 in 2025, with a decrease in a decrease to $ 62 and $ 59, respectively, in 2026. These projections are less than $ 4 of the front -year -old intermediate averages of 2026.
• Goldman also reduced Brent and WTI’s expectations in December 2025 by $ 5, to $ 66 and $ 62, respectively.
• He warned that the risks of these revised predictions tend to the downside, especially for the year 2026, as global economic opposite winds and geopolitical certainty prove the demands of demand.

There was a similar Barclays earlier:

• Barclays reduces raw expectations Brent amid commercial tensions, the risk of the negative aspect of its 74 dollars.

This article was written by Emon Sheridan on www.forexlive.com.