Goldman: OPEC Will Talk Oil Prices Down If Brent Tops $70

OPEC doesn’t want central banks around the world the start responding to inflationary pressure from oil prices above $70 a barrel, nor do they want U.S. shale investments to rise, so the cartel will try to talk oil prices down if Brent exceeds $70 per barrel in the coming days, according to Goldman Sachs.

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