Find out about oil price expectations after the “OPEC +” agreement

Al-Marsad Journal: US investment bank “Goldman Sachs” expected oil prices to fluctuate in the coming weeks due to the risks of the Delta strain, expecting crude prices to rise in the future.

And the US investment bank, “Goldman Sachs”, explained that the “OPEC +” agreement to increase oil supplies supports its view of crude prices and expects a slight “rise” in its expectations for oil. ‘summer until Brent hit $ 80 a barrel, according to “Reuters.”

“Goldman Sachs” said the “OPEC +” deal represents a “hike” of two dollars a barrel, against 80 dollars a barrel in its expectations for the price of Brent crude in the summer, and a five dollars increase from its expectations of $ 75 a barrel for next year.

The bank expects oil prices to fluctuate in the coming weeks due to the risks of delta stress and the slowness of supply change compared to the recent increase in activity in mobility.