Goldman Adds 17% to Its Brent Call: Is It Actually Bullish?

Goldman Sachs lifted its December Brent crude forecast to $105 per barrel on high supply disruption risk. The new call sits 17% above its October estimate of $90. Brent traded at $110.40 on November 2, so even the raised target sits about 5% below the market. WTI shows a similar gap, with the bank’s $94

Source: BeInCrypto