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Goldman Sachs Warns Oil Could Reach $120 Amid Middle East Attacks

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Insights by Echo AI

Goldman Sachs has warned that oil prices could surge to $120 per barrel if attacks on shipping in the Middle East escalate. The bank advised investing in natural gas and diesel to hedge against geopolitical risks. Brent crude is currently trading near $97 per barrel.

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37 Sources

  1. Bloomberg (business) avatar

    Bloomberg (business)

    X / Twitter / @business

    Oil may rally to as much as $120 a barrel if attacks on shipping in th...

  2. CN Wire avatar

    CN Wire

    X / Twitter / @Sino_Market

    🛢Goldman Sachs: Oil could hit $120/bbl if Middle East shipping attacks...

  3. Al-Manar avatar

    Al-Manar

    RSS / @almanar.com.lb/rss

    “غولدمان ساكس”: النفط قد يقفز إلى 120 دولارا إذا تصاعدت الهجمات على ال...

  4. Al-Manar avatar

    Al-Manar

    RSS / @https://www.almanar.com.lb/rss

    “غولدمان ساكس”: النفط قد يقفز إلى 120 دولارا إذا تصاعدت الهجمات على ال...

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