*Walter Bloomberg|Aug 27, 2025 12:07
GOLDMAN SACHS: BRENT OIL TO DROP TO LOW 50S BY 2026
Goldman Sachs expects Brent crude to drop to the low $50s by late 2026, citing a supply surplus and rising OECD inventories. The bank sees stocks growing 0.6 mb/d through 2026, pushing prices below forwards. Risks include stronger Chinese stockpiling or weaker Russian output, which could keep Brent nearer 62.(*Walter Bloomberg)
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