Oil Could Hit $90, Goldman Sachs Says: 'Trump May Not Ease Sanctions' On Russia
Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with Brent crude already approaching $80 per barrel and the possibility of hitting $90 under certain scenarios.
Oil price risks are skewed to the upside due to sanctions supply disruptions, said Samantha Dart, co-head of global ...
Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...
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Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...
Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
Global oil prices closed at their highest level since August, boosted by the prospect of new sanctions reducing Russian crude ...
The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
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