Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
8 April | Oil

Oil could fall below $40 — Goldman Sachs

Brent
WTI Light Crude Oil
Oil could fall below $40 — Goldman Sachs

Goldman Sachs analysts have warned of a possible decline in Brent oil prices below $40 per barrel by the end of 2026 under negative circumstances. Such a forecast is possible with a slowdown in global GDP growth and OPEC+ refusal to cut production.

As the bank's experts note, the oil price is under pressure, experiencing the impact of trade disputes and growing supply in the market. The bank's baseline forecast assumes a price of $55 per barrel at the end of next year. However, OPEC+ decisions to increase production after a long period of output cuts create additional risks for the market.

According to Bloomberg, the situation remains highly unstable amid the confrontation of the world's largest economies. Recently, the price of Brent oil fell to a four-year low, reaching $65 per barrel.

Elizaveta Kuzmicheva MarketCheese

Recommended

United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from 0.308M to -0.742M
Today at 3:30 PM
United States. Crude Oil Inventories. The value of the indicator has increased from -1.812M to -1.274M
Today at 3:30 PM
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 69.2K to 55K
Yesterday at 10:46 PM
United States. API Weekly Crude Oil Stock. The value of the indicator has decreased from -4.8M to -9.3M
Yesterday at 10:44 PM
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 74.9K to 69.2K
12 December
Top news
European Union. CPI (MoM). The value of the indicator remained at the same level of -0.3%
Today at 10:00 AM
United States. Nonfarm Payrolls. The value of the indicator has increased from -105K to 64K
Yesterday at 1:30 PM
United States. Unemployment Rate. The value of the indicator has increased from 4.4% to 4.6%
Yesterday at 1:30 PM
United States. Retail Sales (MoM). The value of the indicator has decreased from 0.1% to 0%
Yesterday at 1:30 PM
European Union. Trade Balance. The value of the indicator remained at the same level of 18.4B
Yesterday at 10:00 AM
All news

Forecasts

NVIDIA Corporation buy
Period: 24.12.2025 Expectation: 800 pips
NVIDIA stock set to bottom out as bears loosen their grip
Technical analysis TA Other FA Other Indicators Fundamental analysis
Today at 11:33 AM 20
Lyra_Moonwell1
EURUSD sell
Period: 26.12.2025 Expectation: 600 pips
Correction looms for EURUSD with 1.17 as key target
Hot news Chart analysis Indicators
Today at 11:11 AM 14
Tom_Kern
Gold buy
Period: 31.01.2026 Expectation: 23000 pips
Bolster gold purchases when it climbs above $4,370
FA Other Chart analysis
Today at 09:56 AM 22
McCarthy_Raymond
BTCUSD buy
Period: 31.01.2026 Expectation: 14000 pips
Buying Bitcoin up to $100,000 resistance
FA Other Chart analysis
Today at 09:56 AM 6
McCarthy_Raymond
USDCAD sell
Period: 24.12.2025 Expectation: 800 pips
USDCAD finds support despite negative fundamentals
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Today at 07:16 AM 9
Emily_Foster
Brent sell
Period: 31.01.2026 Expectation: 120 pips
Brent crude selloff targets $58.7
Indicators and reports Chart analysis
Yesterday at 11:43 AM 36
McCarthy_Raymond
Go to forecasts