Oil may reach $86 per barrel this summer: Goldman Sachs

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Oil may reach $86 per barrel this summer: Goldman Sachs
Brent Crude PricesOil CommoditiesOil Futures
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Crude oil futures (CL=F, BZ=F) pick back up Monday as Goldman Sachs analysts predict Brent crude prices could reach $86 per barrel this summer. Yahoo Finance...

Oil prices soaring today, climbing to a one week high, one analyst saying prices won't get any cheaper ahead of a summer filled with strong demand.

This year, OPEC plus is expected to start unwinding its voluntary cuts, and if the price falls too much.Warren Buffett Dumps Housing Stocks: It’s Time To Rethink Your Portfolio, Too Nvidia was falling on Monday after its stock split, although two Wall Street analysts believe the chip maker’s valuation will keep climbing. Nvidia’s 10-for-1 stock split took effect after Friday’s closing bell. The company’s unveiling of new artificial-intelligence chips for the next two years, as well as commitments from major customers such as Elon Musk’s Tesla to purchases of Nvidia’s current generation of hardware have helped keep the rally going.

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