Goldman Sachs: Here’s How Oil Prices Could Reach $90 This Winter

Brent could reach $90 per barrel if the weather in the northern hemisphere turns out to be colder than normal this winter, Goldman Sachs’ Jeff Currie said on Wednesday, according to Bloomberg. This is $10 per barrel more than Goldman’s current forecast. The call for higher oil prices would come on top of the already too-high natural gas prices, which have sunk some natural gas power providers in Europe. The natural gas situation in Europe will have a spillover effect on the oil market, with natural gas in short supply and crude oil…