Goldman Sachs on oil, sees Brent $90 if interruption of trade through the Strait of Hormuz

  • A disruption of trade through the Strait of Hormoz is not likely

Goldman Sachs says its scenario analysis suggests Brent at $90/bbl by year-end in case of an interruption of trade through the Strait of Hormuz

  • Says option markets see a 60% chance that Brent will stay in the $60s in 3 months and a 28% probability to exceed $70
Goldman Sachs logo

Top Brokers

Sponsored

General Risk Warning