Section

Goldman eyes Brent outlook rise due to Iranian supply risks

By Economic Times - a month ago
Goldman Sachs projected on Friday that Brent prices could peak between $90 and $100 per barrel in 2025 due to potential disruptions in Iranian production, driven by escalating tensions in the Middle East. If a two million barrels per day disruption occurs, prices might rise to $90 with OPEC's rapid response, while a sustained one million barrels per day disruption could see prices peak in the mid $80s.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.