Goldman Sachs Warns Oil Could Hit $120 as Shipping Risks Rise
5 outlets - including Cbsnews, Bloomberg and Wsj and 2 more - are covering this story. Higher gas and diesel prices have cost Americans an additional $100 billion since the Iran war began, according to a Brown University tracker.
Covered by 5 outlets
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Goldman Sachs warns oil prices could hit $120 as U.S. fuel costs surge
Higher gas and diesel prices have cost Americans an additional $100 billion since the Iran war began, according to a Brown University tracker.
Goldman Warns Oil May Rally to $120 on Ship Disruptions
Samantha Dart, co-head of global commodities research at Goldman Sachs, says that gasoline and diesel prices can remain elevated into “the whole of next year” as tightness in refining capacity is not being resolved. She speaks on “Bloomberg…
Goldman Sachs Warns Oil Could Hit $120
Goldman Sachs flips on oil-price forecasts and says $120 Brent could be next.
In the span of just three months, Goldman Sachs analysts have gone from lowering their oil-price forecasts to hiking them.
Goldman Sachs Warns Oil Could Hit $120 as Shipping Risks Rise
Oil prices could surge to as much as $120 per barrel if attacks on shipping in the Middle East intensify, according to Goldman Sachs. “Events over the last few days do suggest that the risk of shipping disruptions broadening and intensifyin…