Goldman Sachs:
Sees upside risks to Brent prices in short term, with Brent rising to
mid-$80s in 2025H1 if Iran supply drops 1mb/d on tighter sanctions
enforcementSees medium-term
price risks skewed to the downside given high spare capacityEstimates that Brent
drops to the low $60s in 2026 in a 10% across-the-board tariff
scenario or if OPEC supply rises through 2025
This article was written by Eamonn Sheridan at www.forexlive.com.
