Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says

By Yahoo! Finance | Nov 22, 2024 at 09:37 PM EST

Goldman Sachs predicts oil prices could fall to the low $60s per barrel by 2026 due to potential tariff implementations and increased output. Analysts cite high spare capacity, tariffs, and rising supply as factors contributing to downside risks.

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