Brent Crude Tops $107 After Houthi Attack on Saudi Airport; Goldman Sachs Sees Ongoing Middle East Supply Risks - TradingKey
From the original
Brent Crude Tops $107 After Houthi Attack on Saudi Airport; Goldman Sachs Sees Ongoing Middle East Supply Risks TradingKey
Related speeches
4 itemsBrent Crude Oil Crosses $100 Amid Saudi Arabia Attacks - connectgujarat.com
Goldman Sachs says Brent might rise above $120/bbl if Hormuz remains disrupted - investingLive
The Commodities Feed: Persian Gulf escalation pushes Brent above $90
Per the full note [source], Brent crude has breached $90/bbl as Persian Gulf escalation disrupts vessel flows through the Strait of Hormuz, with only 2 outbound oil tankers transiting today. The desk argues that the risk of Bab el-Mandeb closure by Houthis, combined with the imminent end of US SPR releases, leaves the oil market vulnerable to further price spikes. While no FX pair is explicitly cited, the rally supports energy-linked currencies (CAD, NOK) and pressures import-heavy economies (JPY, INR). Consensus among bank strategists sees Brent averaging $85-95 in Q2, with upside risks skewed by geopolitical events.
More like this
5 itemsOil Prices Gain Nearly $2 as Saudi Attacks Heighten Supply Concerns | - Business Post Nigeria
Record FPI outflows top ₹3 trillion in CY26, nearly double 2025 tally - Business Standard
Oil dips as Russia diesel supply prospects counter Gulf supply risks - Business Standard
Brent gains 1.8% on October 12 after Saudi Arabia attacks - Nation Thailand