Brent Crude Likely to Hit $90 in December Amid Supply Risks: Report
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13 Articles
The United States Bank of Goldman Sachs analysts have increased the forecast of Brent oil value from $85 to $90 per barrel in December this year. The financial organization has not changed short-term estimates to maintain a baseline scenario of normalization of Middle East supplies and reduction of quotations from current peak levels, and has provided RIA News with a reference to Reuters. The increase of the forecast to $90 per barrel is due to …
Goldman Sachs raised its December Brent crude oil price forecast to $90 per barrel. The bank warned that if conflicts in the Middle East intensify again, the average price could reach $125 by 2027.
Brent crude likely to hit $90 in December amid supply risks: Report - tennews.in: National News Portal
New Delhi, Oct 12 (IANS) The international crude oil benchmark — Brent crude — is expected to reach $90 a barrel in December 2026, up 6 per cent from a previous forecast of $85, a report has said, citing ongoing supply‑side risks from the West Asia conflict that are keeping a hefty risk premium in […] The post Brent crude likely to hit $90 in December amid supply risks: Report appeared first on tennews.in: National News Portal.
(Teleborsa) - Lower oil prices, starting at the start of the week, after US President Donald Trump announced an agreement to stop the mutual attacks of Russia and Ukraine against the...
Goldman Sachs has raised its year-end Brent crude oil forecast to $90 per barrel. The US Energy Information Administration (EIA) forecasts an average price of $105 for the final quarter, while warnings suggest that further disruptions in the Strait of Hormuz could lead to sharper price increases. Global oil inventories are declining, and a squeeze in diesel supply is also putting pressure on the market.
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Brent crude likely to hit $90 in December amid supply risks: Report
New Delhi, Oct 12 (SocialNews.XYZ) The international crude oil benchmark - Brent crude - is expected to reach $90 a barrel in December 2026, up 6 per cent from a previous forecast of $85, a... - Social News XYZ
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