72 Days
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الاقتصادية
Goldman Sachs: Brent Limited by US-Iran Tensions
Goldman Sachs Group expects Brent prices to range between $80 and $90 per barrel until a new nuclear agreement is reached between the United States and Iran or there is a major escalation in the conflict between the two countries, with the fair value estimated at around $80. Global oil inventories have decreased by 6.3 million barrels per day over the past two weeks due to waning flows from the Gulf and the Russian bank, amid ongoing political tensions and the U.S. postponement of strikes against Iran. Additionally, Saudi oil exports have declined by 2.4 million barrels per day compared to last year, despite rerouting shipments through alternative routes. Meanwhile, Russia's exports have fallen by 1.3 million barrels per day, reflecting disruptions in loading operations. Uncertainty about oil supplies continues due to regional tensions and political conflicts.
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