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Oil market risk premium eases as Middle East conflict stabilizes, says Goldman Sachs...
09 Oct, 2024 09:02
331 min read
Political risk premiums in the oil market have eased this week following recent volatility. Oil prices remained steady in Asian trading despite potential for a ceasefire between Hezbollah and Israel. Goldman Sachs noted that uncertainty surrounding the Middle East conflict could still drive Brent prices higher, but without major supply interruptions, prices could hold near current levels for the remainder of the quarter....
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Generation
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