Goldman Adds 17% to Its Brent Call: Is It Actually Bullish?
Goldman Sachs lifted its December Brent crude forecast to $105 per barrel on high supply disruption risk. The new call sits 17% above its October estimate of $90. Brent traded at $110.40 on November 2, so even the raised target sits about 5% below the market. WTI shows a similar gap, with the bank’s $94 The post Goldman Adds 17% to Its Brent Call: Is It Actually Bullish? appeared first on BeInCrypto.
Key Takeaways
- Goldman Sachs lifted its December Brent crude forecast to $105 per barrel on high supply disruption risk.
- The new call sits 17% above its October estimate of $90.
- Brent traded at $110.40 on November 2, so even the raised target sits about 5% below the market.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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