Analysts at Goldman Sachs currently expect oil prices to trade around $94 a barrel over the next 12 months. While that would imply a possible 39% upside from current levels, the new forecast is lower than Goldman Sachs' previous forecast of $100 a barrel. This also means that international oil prices may not be able to cross the $100/barrel mark this year.
Goldman Sachs Sees Oil Prices Unable to Exceed $100/barrel This Year
Analysts at Goldman Sachs currently expect oil prices to trade around $94 a barrel over the next 12 months.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
![This Week, Platinum and Palladium Experienced Significant Pullbacks, End-Use Demand Recovered, and Spot Market Trading Was Normal [SMM Platinum and Palladium Weekly Review]](https://imgqn.smm.cn/usercenter/obeMy20251217171735.jpg)
17 hours ago
This Week, Platinum and Palladium Experienced Significant Pullbacks, End-Use Demand Recovered, and Spot Market Trading Was Normal [SMM Platinum and Palladium Weekly Review]
Read More
This Week, Platinum and Palladium Experienced Significant Pullbacks, End-Use Demand Recovered, and Spot Market Trading Was Normal [SMM Platinum and Palladium Weekly Review]
17 hours ago
![Silver Prices Continue to Pull Back, Suppliers Remain Reluctant to Sell, Spot Market Premiums Hard to Decline [SMM Daily Review]](https://imgqn.smm.cn/usercenter/LVqfJ20251217171736.jpg)
23 hours ago
Silver Prices Continue to Pull Back, Suppliers Remain Reluctant to Sell, Spot Market Premiums Hard to Decline [SMM Daily Review]
Read More
Silver Prices Continue to Pull Back, Suppliers Remain Reluctant to Sell, Spot Market Premiums Hard to Decline [SMM Daily Review]
23 hours ago
Feb 6, 2026 09:27
A gold and silver reset, not a reversal
Read More
A gold and silver reset, not a reversal
Gold and silver have recovered part of their recent losses following one of the sharpest corrections seen in precious metals in over a decade
Feb 6, 2026 09:27
Related News
This Week, Platinum and Palladium Experienced Significant Pullbacks, End-Use Demand Recovered, and Spot Market Trading Was Normal [SMM Platinum and Palladium Weekly Review]
Feb 06, 2026 17:46
Silver Prices Continue to Pull Back, Suppliers Remain Reluctant to Sell, Spot Market Premiums Hard to Decline [SMM Daily Review]
Feb 06, 2026 12:00
A gold and silver reset, not a reversal
Feb 06, 2026 09:27
Spot Market and Domestic Inventory Brief Review (February 5, 2026) [SMM Silver Market Weekly Review]
Feb 05, 2026 17:36