Goldman Sachs - more aggressive OPEC+ price target is a risk to its Brent oil $93 forecast

Goldman Sachs have a USD93 / barrel as a 12-month forecast

  • Goldman Sachs still sees a potentially more aggressive OPECc+ price target as key moderately bullish risk to this forecast
  • GS says "We no longer expect a Saudi announcement this week of a partial October unwind of its 1mb/d production cut"

Earlier on oil:

Brent update, daily candles:

brent oil Goldman Sachs forecast 05 September 2023

(This chart is from our charting app, which is free and can be found at this link)

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