Markets

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

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