On Tuesday, Goldman Sachs reportedly stated AI could lower oil prices over the next decade by reducing costs and increasing recoverable resources, boosting supply. The bank says that AI’s impact on energy and metals has largely centered on the demand side, anticipating a rise in power demand. However, a negative effect on oil prices could reduce the incomes of producers, including OPEC+ members. Goldman Sachs anticipates a modest potential increase in oil demand from AI over the next decade, especially compared to the larger impact AI is expected to have on power and natural gas demand. Goldma…