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.
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