Goldman: Ukraine Peace Deal May Knock $5/bbl Off Oil

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A potential Ukrainian peace deal may lead to a decrease in oil prices by $5 per barrel, according to Goldman Sachs, as oil prices have steadied after reaching a one-month low.

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Market impact analysis based on bearish sentiment with 64% confidence.

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Bearish
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64%

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Oil prices are steadying after closing at a one-month low on signs that a Ukrainian peace deal is getting closer. Daan Struyven, Co-Head of Global Commodities Research and Head of Oil Research at Goldman Sachs, told Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche that a deal between Russia and Ukraine may shave off $5/bbl off oil prices. (Source: Bloomberg)

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Original article published by Bloomberg on November 26, 2025.
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