Goldman Sachs sees Brent average at $92/bbl in 2024 on solid demand, low OPEC supply

Goldman Sachs sees Brent average at $92/bbl in 2024 on solid demand, low OPEC supply

Goldman Sachs expects Brent prices to average at $92 per barrel (bbl)in 2024, and expects the oil market to tighten at a moderate pace amid solid demand while core OPEC supply remains low. The bank in a note dated Thursday said it expects a 0.7 million barrel per day (mb/d) deficit and a solid 1.6 … Read more