Goldman Sachs warns of deeper energy shock in Asia
after close1 source ↓written by the desknot a recommendation
- prices will average
- $105 in March
- due to tight
- $115 in April
Asia is facing a deeper energy shock as the West Asia conflict disrupts oil and gas supplies, leading to downgraded growth forecasts and rising inflation. Goldman Sachs predicts Brent crude prices will average $105 in March and $115 in April due to tight supply conditions, significantly increasing Asia's energy import bill. 📈
Not investment advice. For informational purposes only.