Economic TimesLean R·
Global Market: Goldman Sachs sees Brent crude trading at $80-$90 until Iran conflict outlook clears
Goldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear talks. Physical oil markets are tightening significantly due to reduced flows from key regions. Gulf oil exports have dropped substantially from pre-war levels. Russian crude supplies also show a recent decline, impacting global availability.
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