Goldman Sachs(US:GS) Sou Hu Cai Jing·2025-08-04 02:20Core Viewpoint - Goldman Sachs expects OPEC+ to maintain production quotas unchanged after September, following a significant increase in oil production of 547,000 barrels per day agreed upon for September [1] Group 1: Oil Production and Demand - Goldman Sachs analysts noted that crude oil inventories in OECD countries may accelerate in their rise, while seasonal demand support is gradually weakening [1] - OPEC+ is currently "flexible" and may adjust production levels based on future developments [1] Group 2: Price Forecasts - Goldman Sachs maintains its oil price forecast, expecting Brent crude to average $64 per barrel in Q4 of this year, with a decline to $56 per barrel by 2026 [1] - The price forecast faces dual risks: potential upward pressure from sanctions on Russian and Iranian supplies, and downward risks from U.S. tariff policies, secondary sanctions threats, and weak economic data [1] Group 3: Market Reaction - Brent crude futures fell by 0.6% in early Asian trading on Monday, trading at $69.29 per barrel [1]