Goldman Sachs: Geopolitical risks will drive up oil prices, with Brent crude facing a risk premium of $10/barrel.

GoldenOctober2024

2025-06-18 23:16:09

Jin10 data reported on June 19, Goldman Sachs stated that although the basic expectation is that Brent crude oil will fall to about $60 per barrel in the fourth quarter under the assumption of no supply disruptions, considering the decrease in Iranian supply, the situation where Brent crude oil soars to slightly above $90, and the potential negative impact on oil production or shipping throughout the region, a $10/barrel premium seems reasonable.

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