Goldman Sachs: Risks to oil prices skewed to downside this week

In its latest note published on Tuesday, Goldman Sachs analysts offer their outlook on oil prices in the week ahead, especially with the OPEC outcome due to be announced on Thursday.

Key Quotes via Reuters:

“View risks to oil prices as skewed to the downside this week. “

“As we believe current prices, time spreads and positioning already reflects a high probability of a nine-month extension.”