Goldman Sachs reports oil freight rates surged sevenfold to over $20 per barrel amid Middle East war risks, potentially influencing Brent price forecasts through elevated geopolitical premiums.
Goldman Sachs reports Persian Gulf oil exports recovered to 15-16 million barrels daily, reaching two-thirds of pre-war levels. This adaptation limits global crude price spikes despite ongoing Middle
The Indian rupee weakens against the dollar as Brent crude prices exceed $91 per barrel and U.S. Treasury yields rise, compounded by the RBI shortening its foreign-currency deposit swap window.
Goldman Sachs has revised its 2027 oil price outlook downward due to rising supply and weakening demand from alternative energy adoption. The bank forecasts Brent crude averaging $80 per barrel next y
Goldman Sachs reported a significant decline in global oil demand driven by weak consumption and geopolitical risks, revising its Q4 2026 price forecasts amid market volatility.
The Indian rupee faces resistance amid Middle East tensions and month-end dollar demand, with Brent crude rising 2% to $98.3 per barrel. India also raised CNG prices, prompting Goldman Sachs to increa