US Investment Bank Goldman Sachs certainly stressed that the conditions for oil markets will remain the strongest, even if Iranian production returned to markets.
According to Arab Net, the bank pointed out that the oil markets are counted by the return of Iranian production by the end of the summer, but now, it does not reflect the expected demand for oil as vaccination against the Kovid-19 virus accelerated, and the return of economies to its maximum card.
At the center of all these estimates, Goldman Sachs believes that Brent raw price will reach $ 80 a barrel during the last quarter of this year.
Last April, the commodity research team in Goldman Sach expects goods to rise 13.5% over the next six months, with the limitations associated with Corona virus, lower interest rates and dollar.
The bank predicted the price of Brent to rise to $ 80 a barrel and western Texas US mediator to $ 77 in the next six months.
"We expect the biggest jump to demand oil at all, an increase of 5.2 million barrels per day in the next six months, pointing to the acceleration of vaccinations in Europe and liberalizing the car on travel.
He continued to reduce international travel restrictions in May will lead to the recovery of demand for aircraft fuel by 1.5 million barrels per day.
