Goldman Sachs expects Brent crude prices to average over USD 100/bbl in March and USD 85/bbl in April, while it sees Brent crude gradually easing back to the low USD 70s late in the year

Goldman Sachs expects Brent crude prices to average over USD 100/bbl in March and USD 85/bbl in April, while it sees Brent crude gradually easing back to the low USD 70s late in the year.

Goldman Sachs' forecast for Brent crude suggests a bullish outlook in the near term, with expectations of prices over $100 per barrel in March, significantly impacting inflation and currency dynamics. The anticipated easing towards the low $70s by late year indicates volatility, which could influence energy stocks and related sectors as well as broader economic conditions, prompting traders to reassess their positions.