finance
Goldman Sachs Analyst Says Brent Crude Prices Will Remain Elevated Through Fourth Quarter
Daan Struyven of Goldman Sachs stated that Brent crude prices will stay elevated through the end of 2026 because of reduced global supply. The comments came during a CNBC interview as oil prices declined following reports of Iran peace talks.
May 28, 4:55 PM·1m read1 source
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Daan Struyven, a commodities analyst at Goldman Sachs, said Brent crude prices will remain elevated through the fourth quarter of 2026 due to a loss of supply. Struyven made the remarks during an appearance on CNBC's "Closing Bell Overtime" program. The interview occurred as oil prices declined following news of Iran peace talks.
The analyst attributed the price outlook to ongoing supply constraints rather than demand changes.
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