Goldman Sachs raises oil price forecast as war disruption drags on
Analysts expect Brent crude to trade at about $90 in fourth quarter, up from earlier $80 prediction
Analysts expect Brent crude to trade at about $90 in fourth quarter, up from earlier $80 prediction

Brent crude at highest level in three weeks

Brent crude rises for eighth consecutive day

Cost of oil likely to keep climbing until Strait of Hormuz reopens to shipping

Traders warn of further jump in prices and ‘huge pain’ as economies cut consumption

Crude back below $90 after surging to nearly $120 on Monday

Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz