Goldman Claims Oil Prices Could Hit $107 If OPEC+ Extends Cuts Next Year
Oil prices could hit $107 per barrel next year if OPEC+ producers do not reverse their production cuts in 2024, Goldman Sachs said, noting that a triple-digit price is not the bank’s base-case scenario. On Tuesday, Saudi Arabia extended its 1 million barrels per day (bpd) cut through December 2023…
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