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Reuters

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

Reuters
Summary
Nutrition label

81% Informative

Goldman Sachs expects oil prices to average $ 76 a barrel in 2025 based on a moderate crude surplus and spare capacity among major producers.

Investment bank said there is a possibility prices could rise towards year-end as it sees Brent time spreads "underpricing physical tightness somewhat" Oil prices settled higher on Tuesday for the second consecutive session, with Brent futures at $ 76.04 .

VR Score

92

Informative language

98

Neutral language

58

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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