Goldman Sachs – more aggressive OPEC+ price target is a risk to its Brent oil $93 forecast

<p>Goldman Sachs have a USD93 / barrel as a 12-month forecast</p><ul><li>
Goldman Sachs still sees a potentially more aggressive OPECc+ price
target as key moderately bullish risk to this forecast</li><li>GS says
"We no longer expect a Saudi announcement this week of a partial
October unwind of its 1mb/d production cut"</li></ul><p>

Earlier on oil:</p><ul><li><a href="https://www.forexlive.com/news/oil-gains-for-the-eighth-consecutive-day-in-highest-close-since-november-20230904/" target="_self">Oil gains for the eighth consecutive day in highest close since November</a></li></ul><p>Brent update, daily candles:</p><p align="left">
(This
chart is from our charting app, which is free and <a href="https://www.forexlive.com/LiveCharts">can
be found at this link</a>)</p>

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

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *