Goldman Adds 17% to Its Brent Call: Is It Actually Bullish?

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Goldman Sachs raised its December Brent crude forecast to $105 per barrel, 17% above its October estimate of $90. The bank attributed the revision to a high risk of supply disruptions. Brent traded at $110.40 per barrel on November 2, leaving the raised target about 5% below the market. WTI showed a similar gap, with the bank citing a $94 target.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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