Goldman Sachs Maintains 2025 Brent Oil Price Forecast at $76 Per Barrel

Goldman Sachs on Friday maintained its forecast for Brent oil to average $76 per barrel in 2025, citing a balanced market situation, with lower OPEC+ supply offsetting an unexpected surge last month in commercial inventories at Organisation for Economic Co-operation and Development countries. “We maintain our annual average Brent forecasts of $76/bbl in 2025 and …

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Canadian Natural Resources Limited Completes the Acquisition on Chevron’s Alberta Assets and Announces Timing of 2025 Budget Release

Calgary, Alberta–(Newsfile Corp. – December 6, 2024) – Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) (“Canadian Natural” or the “Company”) announces it has completed the acquisition of Chevron Canada Limited’s (“Chevron”) Alberta assets, which include a 20% interest in the Athabasca Oil Sands Project (“AOSP”) and a 70% operated interest in light crude oil and liquids rich Duvernay …

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