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

Goldman Sachs lifted its December Brent crude forecast to style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"05 per barrel on high supply disruption risk. The new call sits 17% above its October estimate of $90. Brent traded at style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"10.40 on November 2, so even the raised target sits about 5% below the market. WTI shows a similar gap, with the bank’s $94 The post Goldman Adds 17% to Its Brent Call: Is It Actually Bullish? appeared first on BeInCrypto.