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Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

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Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among major producers, with concerns easing over a potential disruption in Iranian supply, it said in a note on Tuesday. “Overall, we still see the medium-term risks to our $70-85/bbl range as two-sided but ...

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