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Goldman Sachs cut its oil forecast price for the fourth quarter to $100 a barrel

 Last Update: 2023-01-07
 Source: Internet
 Author: User

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Due to the weakening demand outlook and the strengthening of the US dollar, Goldman Sachs Group lowered its expectations for oil prices on the 27th: the average price of Brent crude oil futures in the fourth quarter is expected to be $100 per barrel, lower than the previous expectation of $125 per barrel; Brent crude futures are expected to average $108 per barrel next year, significantly lower than the previous expectation of $125 per barrel
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