Goldman Sachs: China Crude Imports to Remain Subdued Amid Elevated Prices

By EC Assets · Published 23 September 2026

Goldman Sachs Group Inc. indicates that China’s crude oil imports are expected to remain subdued. This outlook applies to the coming months. Elevated crude prices are a factor in this assessment, potentially limiting further price gains. Goldman Sachs Group Inc. forecasts China’s oil imports will stay subdued in the fourth quarter. The firm’s assessment suggests that if crude prices remain high, import levels will not increase significantly. The firm has also adjusted its outlook for China’s robotaxi market. Goldman Sachs raised its forecast for this sector by a significant margin. This revision suggests that the bank believes commercialization in this area is progressing faster than previously anticipated. Separately, Goldman Sachs has stated that China’s GDP could accelerate in 2026. Cross-border underwriting creates fees for Goldman Sachs. Export controls and military-link scrutiny increase compliance risk for the firm. Goldman Sachs recently experienced a 2% fall. This article is intended for informational purposes only. It does not constitute investment advice.