Goldman Sachs says oil prices are going nowhere next year. ... (assuming our bullish oil forecast) short term U.S. real rates will average -2.1% over the next five years. Neils Christensen Friday November 13, 2020 15:33. Goldman Sachs on Tuesday lowered its second quarter 2020 outlook for Brent crude to $20 per barrel from $30, a 32% decline from where it … In view of the stronger U.S. shale growth than oil demand growth, Goldman Sachs left its 2020 oil price forecasts unchanged—at US$60 per barrel of Brent Crude and at … The Wall Street bank revised its forecast down to … It also reduced its forecast for demand growth in 2020 to 1.25 million b/d, … Headed into the end of what was an unpredictable year, Goldman Sachs Research’s Top of Mind team continues its tradition of taking stock of key themes and highlighting what to look for in 2021 and beyond. OPEC and Russia have started an oil price war that could push crude into the $20s, according to Goldman Sachs Group Inc. 18 DEC 2020 Top of Mind 2020 Update, and a Peek at 2021 . ... we raise our 2020/21 winter and 2021 summer forecasts … Goldman Sachs says an oil price correction as deep as 20% 'may already be underway' Published Tue, Jun 9 2020 12:00 PM EDT Updated Tue, Jun 9 2020 … Reuters. 1 year ago. Goldman now sees U.S. West Texas Intermediate crude averaging $20 … Goldman Sachs said on Monday its top 2020 trade ... Maintains $60/barrel Brent forecast for 2020. Goldman Sachs holding firm with $2,300 gold price forecast as inflation pressures build. Goldman Sachs slashed its oil forecast on Tuesday as the COVID-19 outbreak has led to sharp demand declines. Goldman Sachs analyst Samantha Dart says that with declining oil and gas production, prices could snap back by 2021. Goldman Sachs expects Brent crude to reach $65 a barrel next year following the release of an effective Covid-19 vaccine and a limited increase … "We do not expect the upcoming U.S. elections to derail our bullish forecasts for oil and gas prices, with a Blue Wave likely to be in fact a positive catalyst," Goldman Sachs' … ... Goldman Sachs said that it also sees resurging emerging-market demand for gold in 2021.