Wealth Manager Warns Oil Could Surge Above $120 if Persian Gulf Supply Disruptions Continue
Goldman Sachs warns oil could hit $120 per barrel as Persian Gulf supply disruptions persist, raising its crude price forecasts.
A big investment company thinks oil prices might go way up if there are problems getting oil from the Persian Gulf. When you hear about supply problems affecting oil, that's one clue people watch to understand if energy prices and energy company stocks might change.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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