Goldman Sachs: expects oil prices to gradually rebound in 2027.

Goldman Sachs analysts stated in their report that they expect oil prices to gradually rise in 2027. By then, with the slowing growth in supply from non-OPEC oil-producing countries and strong demand, the crude oil market will return to a situation of supply exceeding demand. The investment bank has adjusted its average price forecast for Brent crude/West Texas Intermediate (WTI) crude in 2027 to $58 per barrel/$54 per barrel, a $5 reduction from previous forecasts. The reason given is that they have raised their expectations for oil supply in 2027 from the United States, Venezuela, and Russia, with increases of 300,000 barrels per day, 400,000 barrels per day, and 500,000 barrels per day, respectively.