Goldman Sachs Predicts Surge in Oil Demand Through 2034: What's Driving the Growth?Goldman Sachs has predicted a continuous increase in global oil demand. This seems to consider the s ...
Global Oil Prices Surge Amid Fears of Middle East EscalationU.S. intelligence agencies have issued a warning that Iran’s airstrike against Israel, which had previously hinted at a strong retaliation for the attack on their consulate, is imminent. Bloomberg reported on the 10th (local time), citing reliable sources, that Iran might launch an attack using high-precision missiles within a few days. The likely targets are […]
Middle East Tensions Ease, Oil Prices FallThe price of oil, nearing $90, has started to decline. Oil prices fell from a five-month high on the 8th (local time) after Israel announced it would withdraw some of its troops from Gaza, helping to cool some of the geopolitical gains from last week. Brent crude futures plummeted by 2.6% before recovering some losses, […]
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