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.
US ambassador to India says they're moving to a critical stage of finalising critical minerals agreement, adds expect countries we have made deals with to honor those deals
Kremlin envoy Dmitriev says US sanctions waiver affects around 100mln barrels of Russian oil
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
Saudi Defence Ministry announces drone shot down while attempting to approach diplomatic quarter
EU's Kallas says the bloc must stick together against Trump’s hostile tactics and that Washington seeks to divide European governments which wield less power individually, according to FT
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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.
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