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Goldman Sachs: Oil Prices To Drop to $53 In 2026
Market Intelligence Analysis
AI-Powered
Why This Matters
Goldman Sachs predicts oil prices to drop to $53 per barrel in 2026 due to a large surplus in the market, advising investors to short oil.
Market Impact
Market impact analysis based on bearish sentiment with 86% confidence.
Sentiment
Bearish
AI Confidence
86%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Oil prices are set to further drop into next year from current levels amid a large surplus on the market, with the U.S. benchmark WTI Crude expected to average $53 per barrel in 2026, according to Goldman Sachs. Early on Tuesday, WTI Crude was trading just above $60 per barrel, at $60.09, up by 0.22% on the day. The investment bank’s call for next year is that oil prices are on track for further declines and investors should short oil right now, Daan Struyven, co-head of global commodities research at Goldman Sachs, told CNBC…
Original article published by
OilPrice.com
on November 18, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.