Goldman Sachs On Oil Price
- All
- News
-
US Oil Price Crash Amid Coronavirus Crisis, What Next? Here's What Analysts Say
WTI Crude Oil Price: US West Texas Intermediate crude for May delivery recouped some losses on Tuesday to be just in positive territory, leaving market participants to assess the wider implications.
-
Crude Prices To Continue To Fall In Coming Weeks, Historic Deal Insufficient: Goldman Sachs
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a grouping known as OPEC+, said they had agreed to reduce output by 9.7 million barrels per day (bpd) for May and June to stem a slump in prices.
-
Oil Drops 31% As OPEC Deal Collapse Sparks Price War, Global Markets Hit
As the global oil benchmark plummeted to as low as $31.02 a barrel, Goldman Sachs Group Inc. warned prices could drop to near $20 a barrel.
-
Rising Oil Prices A New Worry For Economy After Demonetisation
On the back of lower crude prices, Finance Minister Arun Jaitley had slashed petroleum subsidies in 2015-16 by 50 per cent to Rs 30,000 crore.
-
Get Ready! Petrol, Diesel Prices Could Go Up Sharply
Analysts say that global oil prices could be rise to $60 per barrel in the short term.
-
Brent Crude Oil Prices Surge 10% To Nearly $52/Barrel After OPEC Agrees Output Cut
Goldman Sachs said in a note following the agreement that it expected oil prices to average just $55 per barrel in the first half of next year.
-
Goldman Says OPEC Deal To Add As Much As $10 To Oil Prices
Goldman kept its end-2016 forecast for U.S. West Texas Intermediate crude (WTI) at $43 per barrel and its 2017 forecast at $53 per barrel.
-
Oil Hits 6-Month Highs On Supply Outages, Goldman Forecast
Oil prices hit six-month highs on Monday on worries about supply outages in Nigeria and Venezuela and as long-time bear Goldman Sachs sounded more positive on the market, although a stockpile build at the US storage hub for crude futures pared gains.
-
Oil Price Ultra-Bear Goldman Sachs Turns Mildly Bullish
U.S. bank Goldman Sachs, one of the most bearish forecasters on oil over the past year, on Monday raised its short-term price outlook as it said the market had flipped into a deficit due to production outages in Nigeria and Canada.
-
Oil Rises On Nigerian Outages, Goldman Forecast
Oil prices jumped over 2 per cent on Monday to their highest since October 2015 on growing Nigerian oil output disruptions and after long-time bear Goldman Sachs said the market had ended almost two years of oversupply and flipped to a deficit.
-
Oil Dips in Volatile Trade on Producer Output Freeze Views
Oil prices edged lower on Tuesday in volatile trading after Kuwait said it would agree to an output freeze only if all major producers took part and Goldman Sachs analysts poured cold water on prospects for a sustained rally.
-
Oil Edges Lower After Kuwait Dents Hopes for Output Freeze
Oil prices edged lower on Tuesday after Kuwait said it would only agree to an output freeze if all major producers take part and Goldman Sachs analysts poured cold water over the prospects for a sustained rally.
-
US Oil Falls Close to 12-Year Lows Amid Brimming Stockpiles
US oil prices fell for a six straight day on Thursday, approaching 12-year lows hit last month, weighed by brimming crude inventories and a Goldman Sachs forecast that prices would remain low and volatile until the second half of the year.
-
Oil Prices Fall on US Supply Record, Weak Demand Outlook
Oil prices slid on Thursday, dented by record US crude inventories at the Cushing delivery point, worries about the demand outlook, and as Goldman Sachs said prices would remain low and volatile until the second half of the year.
-
Goldman Sachs Says Metals Set to Underperform Oil, Cuts Price Forecasts
Goldman Sachs on Monday said metals, particularly copper and aluminum, are set to underperform oil in the near future on subdued global demand growth and a sluggish Chinese economy.
-
US Oil Price Crash Amid Coronavirus Crisis, What Next? Here's What Analysts Say
WTI Crude Oil Price: US West Texas Intermediate crude for May delivery recouped some losses on Tuesday to be just in positive territory, leaving market participants to assess the wider implications.
-
Crude Prices To Continue To Fall In Coming Weeks, Historic Deal Insufficient: Goldman Sachs
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a grouping known as OPEC+, said they had agreed to reduce output by 9.7 million barrels per day (bpd) for May and June to stem a slump in prices.
-
Oil Drops 31% As OPEC Deal Collapse Sparks Price War, Global Markets Hit
As the global oil benchmark plummeted to as low as $31.02 a barrel, Goldman Sachs Group Inc. warned prices could drop to near $20 a barrel.
-
Rising Oil Prices A New Worry For Economy After Demonetisation
On the back of lower crude prices, Finance Minister Arun Jaitley had slashed petroleum subsidies in 2015-16 by 50 per cent to Rs 30,000 crore.
-
Get Ready! Petrol, Diesel Prices Could Go Up Sharply
Analysts say that global oil prices could be rise to $60 per barrel in the short term.
-
Brent Crude Oil Prices Surge 10% To Nearly $52/Barrel After OPEC Agrees Output Cut
Goldman Sachs said in a note following the agreement that it expected oil prices to average just $55 per barrel in the first half of next year.
-
Goldman Says OPEC Deal To Add As Much As $10 To Oil Prices
Goldman kept its end-2016 forecast for U.S. West Texas Intermediate crude (WTI) at $43 per barrel and its 2017 forecast at $53 per barrel.
-
Oil Hits 6-Month Highs On Supply Outages, Goldman Forecast
Oil prices hit six-month highs on Monday on worries about supply outages in Nigeria and Venezuela and as long-time bear Goldman Sachs sounded more positive on the market, although a stockpile build at the US storage hub for crude futures pared gains.
-
Oil Price Ultra-Bear Goldman Sachs Turns Mildly Bullish
U.S. bank Goldman Sachs, one of the most bearish forecasters on oil over the past year, on Monday raised its short-term price outlook as it said the market had flipped into a deficit due to production outages in Nigeria and Canada.
-
Oil Rises On Nigerian Outages, Goldman Forecast
Oil prices jumped over 2 per cent on Monday to their highest since October 2015 on growing Nigerian oil output disruptions and after long-time bear Goldman Sachs said the market had ended almost two years of oversupply and flipped to a deficit.
-
Oil Dips in Volatile Trade on Producer Output Freeze Views
Oil prices edged lower on Tuesday in volatile trading after Kuwait said it would agree to an output freeze only if all major producers took part and Goldman Sachs analysts poured cold water on prospects for a sustained rally.
-
Oil Edges Lower After Kuwait Dents Hopes for Output Freeze
Oil prices edged lower on Tuesday after Kuwait said it would only agree to an output freeze if all major producers take part and Goldman Sachs analysts poured cold water over the prospects for a sustained rally.
-
US Oil Falls Close to 12-Year Lows Amid Brimming Stockpiles
US oil prices fell for a six straight day on Thursday, approaching 12-year lows hit last month, weighed by brimming crude inventories and a Goldman Sachs forecast that prices would remain low and volatile until the second half of the year.
-
Oil Prices Fall on US Supply Record, Weak Demand Outlook
Oil prices slid on Thursday, dented by record US crude inventories at the Cushing delivery point, worries about the demand outlook, and as Goldman Sachs said prices would remain low and volatile until the second half of the year.
-
Goldman Sachs Says Metals Set to Underperform Oil, Cuts Price Forecasts
Goldman Sachs on Monday said metals, particularly copper and aluminum, are set to underperform oil in the near future on subdued global demand growth and a sluggish Chinese economy.
