Goldman Sachs: Oil Heading Back To $110 A Barrel, It’s Now $81

  • OPEC and non-OPEC producers, an influential energy alliance known as OPEC+, will convene in Vienna, Austria on Dec. 4 to decide on the next phase of production policy.
  • Jeff Currie, global head of commodities at Goldman Sachs, said Tuesday that the medium-term oil outlook for 2023 was “very positive” and the bank plans to “stick to our guns” with a $110-a-barrel Brent crude forecast for next year.
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