Brent oil to hit $65 by this summer, according to Goldman Sachs

SectorOil & Gas
CountryMiddle east

Goldman Sachs is pulling forward its oil forecast following OPEC's meeting last week as well as the Georgia run-off elections, both of which the firm said will help neutralize near-term risks. Goldman now sees Brent hitting $65 per barrel by this summer, ahead of prior forecasts for the contract to reach that level by the end of the year. more...