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

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.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 reasons why Goldman Sachs is the 'pure investment bank' playThe banking sector is in a unique time and place as investors navigate economic conditions, such as higher for longer interest rates held by the Federal...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

RBC hires Goldman Sachs banker to lead Canadian equity capital marketsJackie Nixon will join Canada’s largest lender in August
Source: globeandmail - 🏆 5. / 92 Read more »

Goldman Sachs hires from rivals to expand in mid-market dealsGoldman Sachs told Reuters it has hired two investment bankers, Kerry Burke and Eddie Rubin, from Evercore and Lazard, respectively, as part of a push to...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »