Goldman Sachs Forecasts Brent Crude Prices Could Drop to Low $50s by 2026 Amid Oil Surplus
Global investment bank Goldman Sachs has projected that Brent crude oil prices could fall to the low $50s per barrel by late 2026 as global supply begins to outpace demand. The forecast, released in a client note and reported by Reuters on Tuesday, cites a significant increase in oil surplus starting next year. According to…
