Oil - Goldman Sachs cuts their price forecasts for 2019

Home

News

Eamonn Sheridan

06/01/2019 | 23:24 GMT

GS with reductions in their price forecast for Brent and WTI

2019 WTI new forecast is 55.50 USD (compared with 64.50 prior)
2019 Brent forecast is USD 62.50 (from 70)

Headline via Bloomberg, awaiting further detail

ADVERTISEMENT - CONTINUE READING BELOW

Best in 2026

Sponsored

General Risk Warning

Best Prop Firm in 2026: Detailed Comparison

Best Futures Brokers in USA for 2026: Detailed Comparison

Best Prediction Market Platforms in 2026: Detailed Comparison

Best Forex Brokers in 2026: Detailed Comparison

Best Online Brokers in 2026: Detailed Comparison

ADVERTISEMENT - CONTINUE READING BELOW

Telegram Community

Gain Access

LMND revenue up 71%, loss ratio down to 63%. Trades at 60x '28 earnings, but growth potential is high.

Motley Fool

5m ago

FDP's 13.3x P/E, HY's 19.5x EV/EBITDA, GTX's 1.1x P/S show risks despite growth.

StockStory

9m ago

SMCI's 123% revenue jump & IREN's GPU financing signal AI server growth. Risks remain.

Motley Fool

19m ago

SCVL's EPS dropped 21.7% annually; TGT's gross margin is 28.1%. WRBY's EPS grew 134%!

StockStory

22m ago

META's revenue growth slows to 23% as capex jumps. P/E at 20, but is it justified?

Motley Fool

29m ago

FSLR beats Q1 revenue/EPS, but FY guidance dips. Margin expands 7% YoY. Policy risks loom.

StockStory

33m ago

Spirit Airlines grounded after 34 yrs. Once valued at $5.5B, rising fuel costs & losses sealed its fate.

Associated Press

36m ago

Telegram Community

Gain Access

Must Read

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}