Oil prices to hit $120 soon? Goldman Sachs makes big prediction as Hormuz concerns loom

Wall Street major Goldman Sachs has warned that Brent crude could surge to $120 per barrel if disruptions through the Strait of Hormuz, the world's most critical oil transit route, persist, even as its base case assumes an eventual easing of tensions in the Middle East.Goldman Sachs expects Brent...

First seen 13h ago · latest update 13h ago · India · other