Business News

Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mount

FinSiddhi

Goldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East shipping disruptions. It warned Brent could top $120 a barrel in 2027 if Gulf oil output stays 4 million barrels per day below pre-war levels.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Related Posts

About 90% of fish found dead along stretches of the Mississippi River were invasive silver and bighead carp, while native species are handling the harsh conditions better

Hundreds of dead fish have washed up along the Mississippi River in Missouri and Illinois, but wildlife officials say the die-off may benefit the ecosystem. About 90% of the fish found at one Missouri site were invasive silver and bighead carp. Warm temperatures, low water levels and reduced oxygen appear to have caused the deaths.

Sebi proposes allowing portfolio managers to invest overseas, in to-be-listed securities

India’s markets regulator is looking to simplify compliance requirements for portfolio managers, aiming to broaden investment options to encompass overseas securities and unlisted debt. A novel group of portfolio managers will focus on high-net-worth individuals with reduced entry thresholds. The initiative also seeks to enhance the application of derivatives strategies for clients. Stakeholders are encouraged…