Oil prices extend gains after OPEC+ output cut plan - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Thursday, 6 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
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