Goldman Sachs bump its oil price forecast higher still - Brent projection up $10 a barrel

Author: Eamonn Sheridan | Category: News

Goldman Sachs Brent crude price forecast $ 70 /bbl in Q2

$75 in Q3 

GS see lower inventories
  • reflationary environment, oil to benefit from the stimulus-driven recovery
  • oil to benefit as a hedge against inflation 
  • Iran export recovery unlikely in the short term 

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