Goldman Sachs: Geopolitical Risk Could Add $10 to Oil Prices ...Middle East

Geopolitics could move Brent crude higher by around $10 per barrel, Goldman Sachs has estimated, from a starting point in the mid-$70s. However, the bank admitted oil could top $90 in case of Iranian supply disruption. Goldman’s analysts pointed to the disruption of oil flows via the Bab el-Mandeb Strait by the Yemeni Houthis’ attacks on vessels as an example of the fragility of Middle Eastern oil export security. Its base-case scenario, the bank said, remains the same, with Brent averaging $60 per barrel in the final quarter of the…

Read More Details
Finally We wish PressBee provided you with enough information of ( Goldman Sachs: Geopolitical Risk Could Add $10 to Oil Prices )

Also on site :

• Japan's Nippon seals controversial US Steel deal after Trump pact
• Why Forecasters Can’t Agree On When Oil Demand Will Peak
• Segway Commercial réimagine la mobilité partagée avec des vélos électriques pilotés par l'IA et des flottes modulaires à Micromobility Europe 2025