Oil Prices Rise Ahead of U.S.-Iran Talks. Goldman Sachs Lifts 2026 Forecast.
Barrons·2026-02-23 16:13
Core Viewpoint - Brent crude oil prices increased nearly 5% last week due to geopolitical tensions, with Goldman Sachs projecting tighter supply to support prices in the upcoming year [1] Group 1: Price Movement - Brent crude oil prices rose by nearly 5% last week [1] - The increase in prices is attributed to ongoing geopolitical tensions [1] Group 2: Future Projections - Goldman Sachs anticipates that tighter supply will support oil prices in the next year [1]