Goldman Sachs says disruption to oil supply in ME unlikely

13/06/2025 Argaam

Goldman Sachs said it assumes no disruptions to Middle East (ME) oil supply after Israel launched an attack on Iran.

 

According to Reuters, the US-based bank maintains its forecast that robust supply growth outside of US shale will push Brent and WTI prices down to $59 and $55 per barrel, respectively, by the fourth quarter of 2025, and to $56 and $52 in 2026.

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