GOLDMAN SACHS ON OIL

Keep 2026Q4 Brent $90 forecast as easing effect from smaller-than-expected deficit During Hormuz disruption so far offsets tightening effect from longer disruption Assume that oil exports from Gulf producers normalize by late August Lower 2027 average Brent forecast by $5 to $80 on higher supply and lower demand

OIL INDIA LTD

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