
Oil prices could average $130 a barrel next year, according to Goldman Sachs
Summary
Investment bank analysts project that global oil prices might average $130 per barrel in the coming year. Furthermore, experts at the financial institution warn that escalating geopolitical conflicts in the Middle East could push Brent crude even higher, potentially reaching $140 per barrel.
Analysts at the investment bank said Brent crude could reach $140 a barrel next year if tensions worsen in the Middle East.
Source: Read the full story at MarketWatch.com - Top Stories
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.