According to Goldman Sachs, oil prices could average $130 per barrel next year if disruptions to Middle Eastern production continue. The bank’s analysts, led by oil research head Daan Struyven, noted that regional supply is currently recovering. They nevertheless believe there is a high risk of further production cuts. Such a scenario could drive oil prices significantly higher.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
