Goldman Sachs预测,由于全球供应顺差,石油价格在2026年平均为56美元(布伦特)和52美元(WTI)。 Goldman Sachs predicts oil prices will average $56 (Brent) and $52 (WTI) in 2026 due to a global supply surplus.

Goldman Sachs预测2026年石油价格下降,预计布伦特和WTI原油平均价格分别为56美元和52美元,其驱动因素是非欧佩克(欧佩克)产量上升,特别是来自美国、委内瑞拉和俄罗斯的产量上升,预计全球每天供应盈余230万桶。 Goldman Sachs forecasts lower oil prices in 2026, predicting an average of $56 for Brent and $52 for WTI crude, driven by a projected 2.3 million barrels per day global supply surplus from rising non-OPEC output, particularly from the U.S., Venezuela, and Russia. 尽管俄罗斯、委内瑞拉和伊朗地缘政治关系紧张,但该银行没有看到欧佩克近期生产削减,预期到年底价格将分别降至54美元和50美元。 Despite geopolitical tensions in Russia, Venezuela, and Iran, the bank sees no near-term OPEC production cuts, expecting prices to bottom at $54 and $50 respectively by year-end. 预计2027年将逐步恢复,布伦特和WTI平均为58美元和54美元,虽然由于供应前景较乐观而有所调整。 A gradual recovery is anticipated in 2027, with Brent and WTI averaging $58 and $54, though revised down due to stronger supply outlooks. 从长期来看,在持续需求和投资不足的情况下,价格到2030-2035年可能达到75美元和71美元。 Long-term, prices could reach $75 and $71 by 2030–2035 amid sustained demand and underinvestment. 该公司警告说,非欧佩克供应继续增长会带来不利风险,并建议套期保值和缩短布伦特时间直到2028年。 The firm warns of downside risks from continued non-OPEC supply growth and recommends hedging and shorting Brent time spreads through 2028.