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Goldman Sachs Raises Oil-Price Forecasts on Supply Risks

By ChordNews · First written

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Summary

Goldman Sachs Group Inc. raised its oil-price forecasts for the end of the year and for 2027, citing elevated risks to supplies. The bank joined other banks in raising their outlooks after months of war in the Middle East.

This continues an earlier story: Oil rises on fears the US may resume military strikes against Iran

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports that Goldman Sachs raised its year-end and 2027 oil-price forecasts on elevated risks to supplies, joining other banks in hiking their outlooks after months of war in the Middle East.

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