Goldman Sachs Raises Oil Price Forecast Amid Geopolitical Tensions
Goldman Sachs Raises Oil Price Forecast Amid Geopolitical Tensions
An executive at Goldman Sachs, Daan Struyven, co-head of global commodities research, forecasts a substantial decrease in global oil supply this year due to ongoing tensions in the Middle East. This outlook has prompted the bank to elevate its price predictions for the commodity.
An executive at Goldman Sachs warns that tensions in the Middle East will lead to a sharp drop in global oil supply, forcing the bank to lift its price forecast for the commodity. In a new Bloomberg interview, Daan Struyven, Goldman Sachs co-head of global commodities research, says the bank doesn’t see an abrupt end […]
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