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IEF is positive on oil prices. Officials from International Energy Forum (IEF) are suggesting that the oil price could be on a rising trend in the 2H2023. We believe it may be underpinned by low supply conditions, coupled with healthy measures from China to boost economic growth. Also, providing support to the real estate sector.
Goldman Sachs is setting a target at USD86 for oil prices. Daan Struyven, the Head of Oil Research at Goldman Sachs is looking