$90 target27 Sep 2021 22:00
Crude oil prices surged to the 5th straight day of strong gains after Goldman Sachs upped its price target to $90 a barrel amid weather-related concerns. Goldman Sachs’ analysts predict that a colder-than-usual winter could spur greater demand, which could send prices up by $10 above the current benchmark the bank set. Crude oil prices on the Brent benchmark are up firmly on the day, rising 1.76% as risky sentiment returns to the market.