Brent’s average oil price in 2025 was expected at $ 63 per barrel (earlier – $ 69), and at 2026 – $ 58.
Goldman Sachs ‘analysts have reduced oil expenses by 2025 and 2026, which refers to a slowdown in demand increase and the expected increase in OPEC+countries’ manufacture. Reuters reported this on Monday, April 14th.
According to a new investment bank review, Brent’s average oil price in 2025 was expected at $ 63 per barrel (earlier $ 69), and at 2026 – $ 58 (previously $ 62). The forecast for American WTI also decreased: up to $ 59 in 2025 (from $ 66) and to $ 55 to 2026 (from $ 59).
Goldman Sachs experts also reduced the estimation of global oil demand: it is now expected that only 300 thousand barrels per day to the end of 2025 – instead of the past 600 thousand barrels. The reason is the prophecy of a more strict US president’s trading policy Donald Trump, in particular, the possible return of high tariffs.
Analysts note that prices may exceed current expectations in the case of a sharp change in tariff policy that will provide a positive signal to markets, consumers and businesses.
Remember that oil prices in the world began to decline after the best year of growth of the day before due to news about the end of the introduction of import duties in the United States for a number of countries
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Source: korrespondent
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