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Tag: oil markets
Goldman Sachs predicts imminent oil price surge
Sanctions on Russia, along with insufficient investment into production, will cause a “serious problem” next year, a top analyst has warned Oil will soar back above $100 a barrel this year, while dwindling global output and declining production in Russia due to Western sanctions may lead to supply problems in 2024, Goldman Sachs has warned. According to the Wall Street bank’s top commodity analyst Jeffrey…
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