Goldman Sachs Analyst Predicts Strait of Hormuz Oil Flow Normalizing by Late 2027, Crude Oil Prices to Hit $80/Barrel
Goldman analyst expects Strait of Hormuz oil flows to normalize by H2 2027, stabilizing crude near $80, but export bans may raise gas prices.
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Why It Matters
A Goldman Sachs expert thinks oil flow problems will get better by late 2027. When that happens, oil prices might settle around $80 a barrel, which could affect gas prices.
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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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