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Oil prices could surpass $120 per barrel if disruptions in Strait of Hormuz don’t ease, says Goldman Sachs

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Oil prices could surpass $120 per barrel if disruptions in Strait of Hormuz don’t ease, says Goldman Sachs

Analysts at the investment bank, led by Daan Struyven, see oil prices averaging $100 a barrel next year if traffic continues to be affected through the waterway.

Oil prices could surpass $120 per barrel if disruptions in Strait of Hormuz don’t ease, says Goldman Sachs

Source：MarketWatch

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Source：https://www.marketwatch.com/story/oil-prices-could-surpass-120-per-barrel-if-disruptions-in-strait-of-hormuz-dont-ease-says-goldman-sachs-047f8f88