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Home Environment Energy

Goldman Sachs: Oil Heading Back To $110 A Barrel, It’s Now $81

ThinkCivics Newswire by ThinkCivics Newswire
December 1, 2022
in Energy
Reading Time: 1 min read
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Key Points

  • OPEC and non-OPEC producers, an influential energy alliance known as OPEC+, will convene in Vienna, Austria on Dec. 4 to decide on the next phase of production policy.
  • Jeff Currie, global head of commodities at Goldman Sachs, said Tuesday that the medium-term oil outlook for 2023 was “very positive” and the bank plans to “stick to our guns” with a $110-a-barrel Brent crude forecast for next year.

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ThinkCivics Newswire

ThinkCivics researches, examines, and reports on issues that matter most. We deliver explanative, fearless, and insightful analysis for public consumption.

thinkcivics.com
Tags: OilOil pricesOPEC+
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