Goldman Sachs: Brent price may exceed $80 per barrel this year
Energy
- 03 September, 2021
- 05:26
Add Report.az to preferred Google sources
Stay up to date with the top news!
The cost of Brent crude oil in the fourth quarter of 2021 may exceed $80 per barrel, Jeff Currie, Goldman Sachs head of Commodities Research, said in an interview with CNBC, Report informs.
He noted that the reason for the rise in oil prices might be a limited supply and stable demand.
“Demand is reaching those pre-COVID levels, and now the big question is supply,” he added.
As of 23:00 (GMT+4) on September 2, the price of Brent was $72.85 per barrel. WTI was trading at $69.81.
"Brent" markalı neftin barreli 80 dolları keçə bilər
Goldman Sachs: стоимость Brent может превысить $80 за баррель в этом году
Latest News
00:00
Six years pass since fourth Armenian missile attack on Ganja
Domestic policy23:22
Mukhtar Babayev supports Türkiye's efforts to make COP31 implementation-focused
Foreign policy23:15
Ukraine responds to Trump's call for new president
Other countries22:53
Photo
Baku officially hands over IJF flag to Astana
Individual sports22:36
Riyadh airport suspends operations following attacks
Other countries22:26
IRGC: Oil tanker hits sea mine in Strait of Hormuz
Region22:11
Kyiv residents urged to stock up on water and food supplies
Other countries21:52
Trump says Ukraine should get a new president
Other countries21:29