Lates News

After OPEC+ approved further increases in supply quotas, Goldman Sachs maintained its forecast for a drop in crude oil prices and stated that commercial inventories are expected to "significantly increase" from the fourth quarter onwards. Analysts, including Daan Struyven, wrote in a report on September 7th (U.S. time) that Brent oil prices in the fourth quarter will reach $64 per barrel and the average price in 2026 will reach $56 per barrel. It is expected that there will be an excess of 1.9 million barrels per day in the global crude oil market next year, higher than the previous forecast of 1.7 million barrels.