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FXMAG>Articles>Commodities>Analysis Of Brent Oil Prices By Goldman Sachs
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Poland’s Strong Consumption and Investment Point to Robust Growth with Mild Inflation Outlook

Poland’s Strong Consumption and Investment Point to Robust Growth with Mild Inflation Outlook

Ukraine Peace Deal Hopes Weigh on EUR Inflation Swaps as Real Rates Hit New Highs

Ukraine Peace Deal Hopes Weigh on EUR Inflation Swaps as Real Rates Hit New Highs

Germany’s Economy: Three Years of Stagnation With Only Limited Signs of Recovery

Germany’s Economy: Three Years of Stagnation With Only Limited Signs of Recovery

Commodities Move on Geopolitics and Weather as Oil Rises, Gas Falls, and Nickel Faces Supply Risks

Commodities Move on Geopolitics and Weather as Oil Rises, Gas Falls, and Nickel Faces Supply Risks

USD Overvaluation Persists as Geopolitics Dominate and JPY Faces Intervention Risks

USD Overvaluation Persists as Geopolitics Dominate and JPY Faces Intervention Risks

Analysis Of Brent Oil Prices By Goldman Sachs

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  1. Additional quotes

    Analysts at Goldman Sachs said in their latest oil price outlook, they see Brent to average at $90/barrel (Bbl) in Q2 2023 as against the previous forecast of $105/Bbl.

    Additional quotes

    Oil prices seen gradually rising to $100/Bbl by December.

    Expected to stay at $100/Bbl in 2024, assuming OPEC boosts output by 1 million bpd in H2.

    If OPEC stays Put, Brent ‘likely to reach’ 107/Bbl in Dec.

    Assume OPEC will reverse production cut at its June meeting.

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