# How geopolitics will ripple through oil prices in 2025 | Goldman Sachs

> Goldman Sachs forecasts Brent averaging about $76 per barrel in 2025 within a $70-85 range. The bank expects a moderate short-term rise before prices settle back due to high OPEC+ spare capacity.

- Date: 2025-01-09 · published 2025-01-09T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/26688-how-geopolitics-will-ripple-through-oil-prices-in-2025-goldman-sachs
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A forecast with moderate prices and ample spare capacity suggests limited sustained energy cost pressure for feed freight and biofuel-linked vegetable oil demand.

## Read by commodity

- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-12-31 | [Baht, oil prices expected to face volatility in 2025: NESDC](https://feedsoft.ai/events/27244-baht-oil-prices-expected-to-face-volatility-in-2025-nesdc.md) | +4.2% | +4.6% |
| BRENT | 2024-01-04 | [Oil prices remain volatile amid uncertainty arising from geopolitical conflict](https://feedsoft.ai/events/32316-oil-prices-remain-volatile-amid-uncertainty-arising-from-geopolitical-conflict.md) | -0.1% | +6.0% |
| BRENT | 2017-03-15 | [Will A Fed Rate Hike Boost The Price Of Oil? \| Investing.com](https://feedsoft.ai/events/71924-will-a-fed-rate-hike-boost-the-price-of-oil-investing-com.md) | +0.6% | +10.4% |
| BRENT | 2017-05-09 | [Goldman Sachs: Why the commodities rally might be different this time](https://feedsoft.ai/events/70919-goldman-sachs-why-the-commodities-rally-might-be-different-this-time.md) | +7.5% | +1.9% |
| BRENT | 2017-12-01 | [Crude oil prices to be under pressure in first half of 2018: S&P](https://feedsoft.ai/events/67647-crude-oil-prices-to-be-under-pressure-in-first-half-of-2018-s-and-p.md) | -2.0% | +4.9% |

## Sources

- goldmansachs.com: https://www.goldmansachs.com/insights/articles/how-geopolitics-will-ripple-through-oil-prices-in-2025

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.