Goldman lifts 2020 oil forecasts as Opec cuts tighten market

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

SINGAPORE (BLOOMBERG) - Goldman Sachs raises 2020 Brent spot price to US$63 a barrel from US$60 previously, according to emailed report. The long-term anchor price still seen at US$55/bbl.. Read more at straitstimes.com.

SINGAPORE - Goldman Sachs raises 2020 Brent spot price to US$63 a barrel from US$60 previously, according to emailed report. The long-term anchor price still seen at US$55/bbl.

Goldman updated forecasts after Opec+ agreed to bigger output cuts than expected. Opec's oil surprise came as skeptics were doubting price rise,

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA

Canada Canada Latest News, Canada Canada Headlines