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Live Updates  >  Live Update Details

2025-07-31 13:46:18

Goldman Sachs: We expect OPEC+ to announce in August a final production increase of 550,000 barrels per day for September. We assume that OPEC+ will maintain its production quota after September. If China's crude oil inventory growth rate is faster than our forecast of 200,000 barrels per day by 2026, the average price of Brent crude oil next year will reach $61 per barrel, $5 per barrel higher than our benchmark price.

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