Oil prices extend gains after OPEC+ output cut plan - Business News, Finance News, Share Market News - Market trendz

Post Top Ad

Friday 7 October 2022

Oil prices extend gains after OPEC+ output cut plan

Goldman Sachs has raised its oil price forecast for this year and 2023, as the U.S. bank expects OPEC+'s output cut to be "very bullish" for prices going forward. It raised its 2022 Brent price forecast to $104 per barrel from $99 per barrel and 2023 forecast to $110 per barrel from $108 per barrel.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

No comments:

Post a Comment

Post Bottom Ad