Goldman Sachs says Brent oil could fall under $40 by 2026 in an 'extreme' scenario US oil production may suffer as prices near breakeven costs, risking modest growth. Oil prices could slump to ...

which already has cut its oil price forecasts twice in a week, said Brent crude has the outside potential to drop below $40/bbl under "extreme" outcomes as the trade war flares and supplies rise.

(Bloomberg) -- Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall below $40 a barrel under “extreme” outcomes as the ...

(Bloomberg) Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall below $40 a barrel under “extreme” outcomes as the ...

After having cut its oil forecasts twice in less than a week ... with two increments of 130,000 to 140,000 barrels. In a more “extreme” scenario, where a global recession aligns with a ...

The broker stated that Brent oil future prices may drop below US$40 per barrel in extreme situations, given escalating trade wars and rising supply. If the global economy slows down and OPEC+ ...

twice in a week — said Brent has the outside potential to fall below $40 a barrel under “extreme” outcomes as the trade war flares and supplies rise. “In a more extreme and less likely ...

Oil prices could slump to under $40 a barrel ... a recession and OPEC supply rises moderately. However, "in a more extreme and less likely scenario with both a global GDP slowdown and a full ...