Goldman Sachs: UAE Exit from OPEC Signals Medium-Term Upside Supply Risk

• Thursday, 30th April 2026
• by Samar Samir

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 ...

Goldman Sachs Lifts Q4 Oil Price Outlook Amid Middle East Supply Disruptions

• Monday, 27th April 2026
• by Fatma Ahmed

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 ...

Aramco Close to Announcing IPO Managers

• Monday, 9th September 2019
• by Editorial Team

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).

Arabian Drilling to Buy Dalma Energy

• Thursday, 8th September 2016
• by Egypt Oil & Gas

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.

Investment Banking Giant Goldman Sach’s Says Oil Could Drop to $20

• Sunday, 13th September 2015
• by Egypt Oil & Gas

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

Shale Oil Producers to Ramp Up Drilling: Goldman Sachs

• Wednesday, 27th May 2015
• by Egypt Oil & Gas

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.