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

Goldman Sachs have a USD93 / barrel as a 12-month forecast Goldman Sachs still sees a potentially more aggressive OPECc+ price target as key moderately bullish risk to this forecastGS says "We no longer expect a Saudi announcement this week of a partial October unwind of its 1mb/d production cut" Earlier on oil:Oil gains for the eighth consecutive day in highest close since NovemberBrent update, daily candles: (This chart is from our charting app, which is free and can be found at this link)... Read More

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Posted: Sep 4 2023, 20:29

Author Name: forexlive

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