Why Dividend Favorite Enbridge Stock Fell Today
A prominent analyst came out with a bearish oil forecast, and interest rates continued their rise.
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A prominent analyst came out with a bearish oil forecast, and interest rates continued their rise.
A prominent analyst came out with a bearish oil forecast, and interest rates continued their rise.
Russia's ban on diesel shipments overseas probably won't last for long.
(Bloomberg) -- Goldman Sachs Group Inc. rejoined the $100-a-barrel oil club, raising its forecast for crude back to triple digits as worldwide demand hits unprecedented levels and OPEC+ supply curbs continue to tighten the market.Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrudeau’s Murder Claim Risks Upending US Courtship of IndiaF-35 Debris Found After a $100 Million Fighter Jet Went MissingIndia, Canada Trade Diplomatic Blows Over Murder Allega
With prices advancing by more than 30% since mid-June to breach $95 a barrel on Tuesday, Goldman Sachs nudged up its 12-month forecast for global benchmark Brent to $100 a barrel from $93. However, most of the rally in the vital commodity “is behind us,” the bank said in a note.