Oil Could Hit $90, Goldman Sachs Says: 'Trump May Not Ease Sanctions' On Russia
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with Brent crude already approaching $80 per barrel and the possibility of hitting $90 under certain scenarios.
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting ...
Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
The new sanctions on Russia’s oil sector by the US will disrupt Russia’s oil exports, create supply challenges and impact ...
The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
Oil prices rose slightly as traders awaited more clarity on the effect of sanctions on Russia, while reports of an imminent cease-fire deal between Israel and Hamas capped gains.
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