Goldman Sachs sees increasing upside risks to its oil forecasts

Analysts at Goldman Sachs published their latest note on the oil market, with the key comments found below.
There are some concerns as upside risks for those forecasts are increasing; as they see that oil producers will respond to the rising price signal.
Last month, Goldman Sachs’ Analysts published 2018 forecasts, with Brent and WTI seen averaging $62 and $57.50 per barrel, respectively.
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















