Goldman Sachs Sees Limited Upside for Oil Prices in 2025
Goldman Sachs predicts average oil prices of $76 per barrel in 2025 due to sufficient global spare capacity.
The forecast sees limited upside potential due to high spare capacity and potential trade tariffs.
Despite undisrupted Iranian oil production, Goldman Sachs warns a 2025 supply glut isn’t guaranteed, with geopolitical risks remaining a concern.
Oil …
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