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Goldman Sachs: Brent Oil Prices Hit Summer Peak at $84.91

Brent oil hits summer peak at $86 per barrel due to high US travel, jet fuel demand, and geopolitical risks, says Goldman Sachs.

by Mark Eisenberg
Wed, Jun 26, 2024 4:16pm
in Economy
• 2 mins read
14.8k
Goldman Sachs: Brent Oil Prices Hit Summer Peak at .91 | FinOracle

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Goldman Sachs: Brent Oil Prices Hit "Summer Peak" at $86 Per Barrel

Goldman Sachs analysts have announced that Brent oil prices have reached their "summer peak," hitting $86 per barrel. They attribute this surge primarily to the high summer travel activity in the U.S. and strong global demand for jet fuel.

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