Source: International Business Times
Getty Images Goldman Sachs raised its oil price forecasts for December and 2027, warning that Middle East and Russia-Ukraine conflicts threaten global supplies and make it hard to predict a lasting easing of energy market tensions. The investment bank now expects Brent crude, the international benchmark, to reach $105 a barrel in December, up from its previous forecast of $90. It also raised its December forecast for West Texas Intermediate, the U.
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