GOLDMAN SACHS: TIGHTENING US AND UK SANCTIONS ON RUSSIAN OIL COULD PUSH BRENT ABOVE $85

GOLDMAN SACHS: TIGHTENING US AND UK SANCTIONS ON RUSSIAN OIL COULD PUSH BRENT ABOVE $85
GOLDMAN SACHS: TIGHTENING US AND UK SANCTIONS ON RUSSIAN OIL COULD PUSH BRENT ABOVE $85

Goldman Sachs analysts say US and UK tightening sanctions on Russian oil may push global oil prices up.

They expect Brent crude oil prices to rise above $85 per barrel.

The rise in price is due to a decline in global oil supplies.

OPEC has delayed its planned increase in oil production until April.

Read more