Goldman Sachs (GS) CEO Solomon says it is very reasonable oil at USD 80-100/bbl in 3-6 months
Goldman Sachs CEO Solomon's comments suggest a near-term outlook for oil prices settling between $80 and $100 per barrel, which aligns with broader market sentiment around supply-demand dynamics.
US Retail Sales Control Group MoM (Mar) M/M 0.7% vs. Exp. 0.2%
Three issuers are likely to sell new investment-grade bonds in the US primary market on Tuesday, according to a Bloomberg poll of syndicate underwriters
Goldman Sachs (GS) CEO Solomon says it is very reasonable oil at USD 80-100/bbl in 3-6 months
Head of the Iranian Parliament's National Security Committee, "If the enemy does not understand diplomacy, then the battlefield will shift the balances", Al Jazeera reports, citing IRNA
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- Highly escalated Iran conflict could push oil to USD 170/bbl.
However, the remark about the potential surge to $170/bbl due to escalating conflicts in Iran indicates significant risk factors that could disrupt supply, potentially impacting inflation and broader economic conditions.
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