Goldman Bullish On Oil Despite Saudi-UAE Agreement ...Middle East

Goldman Sachs has reiterated its $80 price forecast for Brent crude despite reports that Saudi Arabia and the United Arab Emirates had reached a deal on oil production that will extend the OPEC+ deal until the end of next year. Crude oil fell after the news of the Saudi-Emirati agreement broke as the uncertainty surrounding the future of the OPEC+ deal and OPEC itself disappeared. Yet, the agreement will mean more UAE oil coming to the market. It also means further pressure from the Emirates to boost production in the future. However, later on…

Hence then, the article about goldman bullish on oil despite saudi uae agreement was published today ( Thursday 15/07/2021 - 06:01 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Goldman Bullish On Oil Despite Saudi-UAE Agreement )

Also on site :

• SWI Capital Holding Ltd. präsentiert Ergebnisse für 2025, ein entscheidendes Jahr, geprägt von der Beschleunigung der KI- und digitalen Infrastrukturstrategie sowie der Integration des Investmentmanagers Stoneweg
• How Shivon Zilis Operated as Elon Musk’s OpenAI Insider
• DREAME NEXT Concludes: Dreame Technology Caps Four-Day Silicon Valley Showcase with Science Forum and Ten-Year Vision