Goldman Sachs Says WTI Could Drop to $50
Affected assets and topics
Why it matters
Goldman Sachs predicts WTI crude oil prices could drop to $50 per barrel by the end of 2026 due to an expected market imbalance and excess supply, but geopolitics may act as a counterweight.
Article tone
Expected market reaction
Market impact analysis based on bearish sentiment with 90% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 31340
Original source
West Texas Intermediate could drop all the way to $50 per barrel towards the end of this year, Goldman Sachs energy analysts said in a note that cited an expected market imbalance with excess supply that would put pressure on benchmarks. At the same time, the investment bank’s analysts noted the role of geopolitics as a counterweight for prices, according to a Reuters report. “Rising global oil stocks and our forecast of a 2.3mb/d surplus in 2026 suggest that rebalancing the market likely requires lower oil prices in 2026 to slow down…
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Original article published by OilPrice.com on January 12, 2026. Analysis and insights provided by AnalystMarkets AI.