"Geopolitical premium" in the oil market won't last long? Goldman Sachs: With an oversupply, Brent crude will fall back to $80 by 2027.
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Rapid changes in geopolitical situation combined with structural pressures on the demand side are reshaping the medium-term pricing logic of the crude oil market.
Goldman Sachs Co-Head of Commodity Research Daan Struyven recently released a report, lowering the forecast for the average Brent crude oil price in 2027 by $5