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Goldman Expects Oil Prices to Hit $90 by Year-end as Supply Tightens
Goldman Sachs raised its forecast for year-end Brent crude oil prices to $90 per barrel from $80, as a faster fuel demand recovery from Delta variant and Hurricane Ida's hit to production led to tight global supplies.
Banks and Finance
Evergrande Collapse Could Have a ‘Domino Effect’ on China’s Property Sector
China's "extremely distressed" real estate companies are in danger of collapsing, according to AllianceBernstein's Jenny Zeng, as the country's massively indebted developer Evergrande is on the verge of default.
Banks and Finance