• SENSEX
    NIFTY 50
Commodities

Goldman Sachs says near-term oil view modestly bullish on tightening market

Updated : February 25, 2019 02:26 PM IST

The upside potential for benchmark Brent crude prices exceeds the near-term outlook of $67.50/bbl and could easily trade between $70 and $75 per barrel, the US bank said in a research note.
OPEC and its allies, including Russia, agreed in December to cut oil production steeply under a global supply deal to prevent a glut this year.
Goldman Sachs says near-term oil view modestly bullish on tightening market

You May Also Like

Live TV

recommended for you

Advertisement