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Goldman Sachs hikes Brent oil price outlook, forecasts upside for US majors

Investment bank bets on incremental M&A activity

Peter Marrin by Peter Marrin
September 29, 2021
in Oil
Reading Time: 3 mins read
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Analysts with Goldman Sachs increased their outlook for Brent crude oil prices through 2023, which could have positive implications for U.S.-based oil and gas majors such as ExxonMobil, Chevron Corp. and ConocoPhillips.   The outlook cited expectations for reduced spare capacity from members of the Organization of Petroleum Exporting Countries (OPEC), structural cost inflation across the oil curve and a higher […]

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Effective July 1, 2022 Energy Policy News will be discontinued.

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