Advertisment Brent Oil Is Likely to Stabilize in $70-$80 per Barrel Range into Year-End | Iran Energy News Skip to main content
IRAN Energy News Agency
Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil, Gas, Petrochemical and Energy Field Specialized Channel

Brent Oil Is Likely to Stabilize in $70-$80 per Barrel Range into Year-End

The analysts at Goldman Sachs expect the OPEC producers and Russia to compensate for the drop in Iranian oil supplies.

The analysts at Goldman Sachs expect the OPEC producers and Russia to compensate for the drop in Iranian oil supplies and hence see Brent oil stabilizing in the range of $70 to $80 per barrel into year-end.

The investment bank is not pessimistic on oil prices and is maintaining its "overweight" outlook on black gold and commodities, according to oilprice.com.

Join us on Telegram Channel."Energy Today"
Google +
Twitter
Facebook
Google Translate
Instagram
Digg
Telegram
Blogger
Linkedin
Pinterest

Add new comment

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Fill in the blank.
49