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Goldman Sachs: Persian Gulf oil exports fully recover to 2025 levels in September
The bank reports that crude shipments have doubled to 23.3 million barrels per day, reaching 108% of their 2025 average. However, key refined products like diesel and jet fuel remain at just 50% due to refinery outages and shipping risks. Goldman Sachs maintains its year-end Brent forecast at $85, seeing the global oil market as roughly balanced.
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