Goldman Sachs raises 2025 oil price expectations: Supply concerns replace risks of recession, Brent oil forecast raised to $66.

According to the CCN Financial APP, on Monday, Goldman Sachs raised its expectations for oil prices in the second half of this year. The current market focus has shifted from concerns about economic recession to possible supply interruptions, reduced oil inventories in OECD countries, a significant decrease in expectations for idle production capacity, and concerns about limited production in Russia. The bank has raised its prediction for the price of Brent crude oil in the second half of 2025 by $5 per barrel to $66 per barrel; while at the same time raised its prediction for WTI crude oil by $6 to $63 per barrel.