MNI BRIEF: China To Enhance Policy Support In 2025: NDRC

MNI BRIEF: NDRC Considering Trade-in Scheme Next Steps

MNI: PBOC Net Injects CNY162.8 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1911 Tues; +0.10% Y/Y

CHINA PBOC CONDUCTS CNY288.3 BLN VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1911 TUES VS 7.1907

MNI: EUROZONE OCT FINAL HICP +0.3% M/M, +2% Y/Y

MNI: US TSY TICS NET FLOWS IN SEP +$398.4B

MNI: US NAHB HOUSING MARKET INDEX 46 IN NOV

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

OIL: Goldman Says Brent Upside Risks Growing

OIL
BulletEnergy BulletsCommodities

Goldman Sachs Base case Brent price remains in the $70-85 range according to a client note this week, but its analysts said the risks of breaking out of this range are growing.

  • “In the short term, the new administration further raises the risks to Iran supply. The medium-term price risks, however, skew to the downside because of high spare capacity and because broad tariffs could hurt demand,” Goldman analysts said. 
69 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Goldman Sachs Base case Brent price remains in the $70-85 range according to a client note this week, but its analysts said the risks of breaking out of this range are growing.

  • “In the short term, the new administration further raises the risks to Iran supply. The medium-term price risks, however, skew to the downside because of high spare capacity and because broad tariffs could hurt demand,” Goldman analysts said.