Goldman Sachs says Brent crude oil could spike just above $90/bbl. ...Middle East

Goldman maintains its base case forecast for Brent to decline to around $60/bbl in Q4, assuming no material supply interruptions. However, it flagged scenarios that could justify significantly higher prices:

In more severe tail-risk scenarios, where regional oil output or shipping is disrupted, prices could surge further.

Info via Reuters.

Brent up

This article was written by Eamonn Sheridan at www.forexlive.com.

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