Goldman Sachs has revised its oil price forecasts for the second quarter of 2026, predicting Brent crude to reach $90 per barrel and West Texas Intermediate at $87. This adjustment follows a two-week ceasefire agreement between the United States and Iran.
Gold prices have stabilized in global markets as investors await the outcome of negotiations for a ceasefire between the United States and Iran. This situation is compounded by the upcoming release of US inflation data, which could significantly impact financial markets.
British Prime Minister Keir Starmer is traveling to the Middle East today to engage in talks with Gulf partners. The aim is to ensure the continued opening of the Strait of Hormuz following the ceasefire agreement between the United States and Iran.
Oil sector leaders are gathering at the «CERAWeek» conference in Houston, with the shadow of conflict with Iran looming over global energy markets, raising concerns for companies about adapting strategies to the tense atmosphere. The current conditions reflect a seismic shift in US energy policy, as the industry braces for potential conflicts impact on oil prices.