Goldman calls outcome of upcoming OPEC meeting uncertain

– The outcome of the OPEC meeting in Vienna later this week is uncertain given current crude prices and a lack of consensus on an output cut extension deal, Goldman Sachs said on Monday. “The absence of such a consensus is due to the uncertainty on the progress of the oil market rebalancing as well as Brent oil prices trading at $63 per barrel,” the bank said in a research note. “The push for a…

"Goldman calls outcome of upcoming OPEC meeting uncertain"

Goldman calls outcome of upcoming OPEC meeting uncertain

– The outcome of the OPEC meeting in Vienna later this week is uncertain given current crude prices and a lack of consensus on an output cut extension deal, Goldman Sachs said on Monday. “The absence of such a consensus is due to the uncertainty on the progress of the oil market rebalancing as well as Brent oil prices trading at $63 per barrel,” the bank said in a research note. “The push for a…

"Goldman calls outcome of upcoming OPEC meeting uncertain"