Goldman Sachs | Egypt Oil & Gas
Goldman Sachs: UAE Exit from OPEC Signals Medium-Term Upside Supply Risk
The United Arab Emirates’ (UAE) decision to exit OPEC and the wider OPEC+ alliance poses a significant upside risk to global oil supply over the medium term, Goldman Sachs, a leading global investment banking firm, re...
Goldman Sachs Lifts Q4 Oil Price Outlook Amid Middle East Supply Disruptions
Goldman Sachs has increased its oil price projections for the fourth quarter (Q4), attributing the revision to reduced Middle East output, with Brent crude forecast at $90 per barrel and US West Texas Intermediate (WT...
Aramco Close to Announcing IPO Managers
Saudi Aramco is expected to give lead roles to JPMorgan Chase, Morgan Stanley, and National Commercial Bank (Al-Ahli NCB) for its planned initial public offering (IPO), Reuters reported. JPMorgan Chase is close to win...
Arabian Drilling to Buy Dalma Energy
Saudi Arabia’s Arabian Drilling Company (ADC) has shown interest in purchasing Dalma Energy, in a deal which could value the land rig operator at more than $500m, Ecofin Agency Oil and Gas reported. ADC is inter... Investment Banking Giant Goldman Sach’s Says Oil Could Drop to $20
The investment bank Goldman Sach’s recently released a report saying that oil prices could drop to $20/barrel, at least in the short term, USAToday reported. “Although oil prices have revisited the lows of last ...
Shale Oil Producers to Ramp Up Drilling: Goldman Sachs
Shale oil producers, benefiting from lower costs, are expected to ramp up drilling activity if the price of U.S. oil stays near $60 a barrel, Goldman Sachs said. “We believe that should West Texas Intermediate p...Page 1 of 1
