European Equities Traded in the US as American Depositary Receipts Open Week Lower
Weak demand + OPEC supply risks, the analyst has continuously lowered oil price forecasts for five consecutive months.
The analyst has reduced the forecast for oil prices in 2024 for the fifth consecutive month.
Careful of soaring oil prices? Goldman Sachs warns: the oil market is completely unprepared for escalation in the Middle East conflict.
Goldman Sachs analyst Lindsay Matcham stated that further escalation of the conflict may have a significant impact on the market, especially if the conflict involves the potential closure of the Strait of Hormuz, which could likely lead to a surge in local oil prices; Goldman Sachs analyst Lina Thomas, in another report, highlighted four short-term positive drivers in the crude oil market - mentioning the Middle East trend.
Top Gap Ups and Downs on Friday: NVO, TM, INFY and More
BP Is Maintained at Equal-Weight by Wells Fargo
BP Analyst Ratings
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