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FXMAG>Articles>Commodities>Analysis Of Brent Oil Prices By Goldman Sachs
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Czech Retail Sales Stagnate in Q3 but Outlook for Year-End Remains Upbeat

Czech Retail Sales Stagnate in Q3 but Outlook for Year-End Remains Upbeat

Philippines Q3 GDP Slows Sharply as Investment and Consumption Weaken

Philippines Q3 GDP Slows Sharply as Investment and Consumption Weaken

USD Rally Loses Momentum as Global Central Banks Signal Diverging Paths

USD Rally Loses Momentum as Global Central Banks Signal Diverging Paths

German Exports Rebound in September but Structural Headwinds Persist

German Exports Rebound in September but Structural Headwinds Persist

Treasury Volatility and ECB Outlook: Contrasting Economic Signals and Liquidity Dynamics

Treasury Volatility and ECB Outlook: Contrasting Economic Signals and Liquidity Dynamics

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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