oil tanker

Felix Cesare/Getty Images

  • 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.

  • Currie added that OPEC+ members have given themselves the “option” to increase oil production if demand rises.

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

Source link