Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
G Sachs: 2026 Oil Price Forecasts Kept for Now as US Sanctions Policy to Determine Venezuela's Oil Output Outlook
Recommend 23 Positive 26 Negative 18 |
||||
|
||||
|
Goldman Sachs released a report saying that, following the US takeover of Venezuela, Venezuela's oil output this year will depend on US sanctions policy, and believing that the situation in Venezuela poses uncertain but moderate risks to oil prices in the short term. Goldman Sachs maintained its 2026 oil price forecasts unchanged, with Brent oil futures averaging at US$56 per barrel and New York oil futures averaging at US$52 per barrel. Meanwhile, the broker expected Venezuela's oil output to remain at 900,000 barrels per day this year. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
