Goldman Sachs raised its Q4 oil forecasts to $90 per barrel for Brent crude and $83 for WTI, citing lower output from the Middle East. The update is supportive for oil prices and reflects tighter supply expectations rather than demand strength. Impact is likely limited to energy markets and related commodities.
Goldman Sachs raised its Q4 oil forecasts to $90 per barrel for Brent crude and $83 for WTI, citing lower output from the Middle East. The update is supportive for oil prices and reflects tighter supply expectations rather than demand strength. Impact is likely limited to energy markets and related commodities.
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mildly positive
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