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Goldman Sachs said it would lower its 2027 average Brent forecast to $80/bbl, citing rising supply and weaker demand.

2026-06-12

Goldman Sachs said it would lower its 2027 average Brent forecast to $80/bbl, citing rising supply and weaker demand.

Other News
2026-06-12

China's national railway fixed-asset investment totaled 248.5 billion yuan in January–May, up 2.6% YoY, supporting expansion of domestic demand and reinforcing domestic growth momentum.

China's national railway fixed-asset investment totaled 248.5 billion yuan in January–May, up 2.6% YoY, supporting expansion of domestic demand and reinforcing domestic growth momentum.
2026-06-12

On June 11 Trump said Iran’s supreme leader has agreed to a U.S.-Iran memorandum of understanding and that all Iranian parties have approved it. He called the MoU very strong and very detailed, said Iran would not possess nuclear weapons, and said th

On June 11 Trump said Iran’s supreme leader has agreed to a U.S.-Iran memorandum of understanding and that all Iranian parties have approved it. He called the MoU very strong and very detailed, said Iran would not possess nuclear weapons, and said the Strait of Hormuz would reopen immediately once the MoU is signed. He added a Kharg Island operation is not under consideration.
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