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Brent Price

Top Story

Goldman Sachs predicts demand for crude to push Brent price to $90bbl

Goldman Sachs has predicted a strong rebound in global oil demand anticipating it could push Brent crude oil prices above its year-end forecast of $90 per barrel. The U.S. investment bank said it expected oil demand will shortly reach pre-COVID-19 levels of…

NewsDirect
October 27, 2021

Energy

Brent Price climbs to $85 after Saudi Arabia’s caution on global supply

Oil climbed $85 a barrel after Saudi Arabia said that the Organization of Petroleum Exporting Countries, OPEC+ alliance should maintain its cautious approach to managing global crude supplies given the threat to demand still posed by the pandemic. Global benchmark…

NewsDirect
October 26, 2021