# Here’s What Goldman to UBS Say About Oil After Big OPEC+ Cut - Bloomberg

> Goldman Sachs raised its Brent price forecast after the OPEC+ alliance agreed to its biggest production cut since the pandemic. The move drew a sharp rebuke from the US. The article covers analyst views following the cut.

- Date: 2022-10-06 · published 2022-10-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39326-here-s-what-goldman-to-ubs-say-about-oil-after-big-opec-cut-bloomberg
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Bank forecast increases reflect expectations of tighter crude supply, which supports energy costs for feed producers. This is analyst commentary on an existing decision rather than a new supply event.

## Read by commodity

- BRENT: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-10-06/here-s-what-goldman-to-ubs-say-about-oil-after-big-opec-cut

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