Forex
globalreutersNovember 22, 20241 Mins read
Goldman Sachs sees Brent price upside risks in short term, medium-term skewed to downside
globalreutersNovember 22, 20241 Mins read Goldman Sachs:
-
Sees upside risks to Brent prices in short term, with Brent rising to
mid-$80s in 2025H1 if Iran supply drops 1mb/d on tighter sanctions
enforcement - Sees medium-term
price risks skewed to the downside given high spare capacity - Estimates that Brent
drops to the low $60s in 2026 in a 10% across-the-board tariff
scenario or if OPEC supply rises through 2025
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
University of Michigan consumer sentiment final for November 71.8 versus 73.7 estimate
Preliminary 73.0Consumer sentiment 71.8 versus 73.7 estimate. Preliminary 73.0. Prior month 70.5Expectations...
Tech giants stumble: Communication services slump amid mixed market signals
Sector OverviewThe stock market is showcasing a mixed bag of performances today,...
S&P global manufacturing PMI 48.8 versus 48.8 estimate. Services 57.0 versus 55.2 estimate
Prior month manufacturing 48.5. Prior month services 55.0S&P global flash manufacturing index...
US indices are trading marginally higher to start the day
The major US stock indices are marginally higher to start the new...
Leave a comment