• Oil benchmarks could surpass $115 a barrel by the end of the first quarter of 2023, according to Jeff Currie of Goldman Sachs.
  • The tightening of supply will push up crude prices, said the bank’s head of commodity research.

Crude oil prices could climb to $115 a barrel by April next year as multiple factors weigh on supply, said Goldman Sachs’ head of commodity research.

“They have a relatively tight supply situation going into 2023, which we believe will create significant upside potential,” Jeff Currie said



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