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Goldman Sachs on oil, sees Brent $90 if interruption of trade through the Strait of Hormuz

Goldman Sachs says its scenario analysis suggests Brent at $90/bbl by year-end in case of an interruption of trade through the Strait of Hormuz

  • Says option markets see a 60% chance that Brent will stay in the $60s in 3 months and a 28% probability to exceed $70

This article was written by Eamonn Sheridan at www.forexlive.com.

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