Goldman Sachs says Brent crude could rally to above $120/bbl by Q4 if Strait of Hormuz flow disruptions persist, though it is not its base case. The risk of sustained supply disruption keeps upside price risk elevated versus the bank’s expected path.
Goldman Sachs says Brent crude could rally to above $120/bbl by Q4 if Strait of Hormuz flow disruptions persist, though it is not its base case. The risk of sustained supply disruption keeps upside price risk elevated versus the bank’s expected path.
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mildly negative
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-0.15
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