GOLDMAN SACHS OIL FORECAST
Oil Price Today (November 9): Crude oil falls below $100 again as Trump says fresh attacks ‘highly unlikely’. What are experts saying?
Crude oil price: Prices came under further pressure after US President Donald Trump indicated that he was unlikely to authorise fresh attacks on Iran if negotiations to end the conflict continued to make progress. In a phone interview with CNN, Trump said further military action was "highly unlikely" to be necessary, provided both sides reached a strong agreement.
Gold price prediction: Gold rate falls amidst big movement in oil price, inflation, check experts' opinions
Gold rate on Friday took a hit after pivotal factors like oil prices and inflation have impact on the bullion.
Goldman Sachs names 109 new global partners, 14 Indians make the cut; two promoted in Bengaluru
As of January 1, 2027, Goldman Sachs is set to elevate 109 employees globally to partner roles. Among these, there are 14 Indians across global offices, including two based in India, with Gowri Sekar making history as the first female partner from the Indian offices. This year's promotion intake marks the highest since 2010, highlighting the firm's focus on its significant Indian engineering workforce.
Oil Price Today (November 6): Crude oil nears $100 again as fresh attacks dent peace talk hopes. What are experts saying?
Crude oil price : Oil prices are making a comeback as fears of supply interruptions grow following recent tanker attacks. President Donald Trump has reiterated that Iran must obtain US consent for its nuclear activities. Concerns about potential supply challenges loom large, prompting Goldman Sachs to revise its Brent and WTI crude price projections upwards. Meanwhile, diplomatic negotiations involving Iran, Saudi Arabia, and Qatar progress amid regional volatility.
Gold price prediction: Will gold continue its surge on Dhanteras? Check outlook for November 6
In today’s session, Spot gold rose 0.4% to $4,103.55 per ounce, taking its weekly gains to 5.9%. US gold futures for December delivery were little changed at $4,112.80 per ounce, while spot silver gained 0.5% to $52.01 per ounce.
Why Goldman Sachs, JPMorgan, Uber are restricting AI access for employees
Goldman Sachs recently restricted most of its employees from using Anthropic’s Claude Code and Microsoft’s GitHub coding tools,Bloomberg reported, citing an October internal guidance. The American investment banking company had earlier allowed employees across departments to experiment with these tools to automate routine tasks, analyse trading activity, and create content.
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Reliance’s FY28 growth story rests on 5 triggers. New energy is just one
In the upcoming years, Reliance Industries is set to thrive, propelled by five strategic business initiatives. The focus remains on robust growth in the oil-to-chemicals sector, pivotal for ongoing profitability. Transitioning from investments to growth, Reliance Retail is primed for success, while Jio is expected to benefit from improved pricing strategies.
Oil Price Today (November 5): Crude oil falls below $94 after 9% plunge on Wednesday after midterm results. More downside ahead?
Crude oil price : Crude oil prices have dropped significantly following the Democratic victory in the recent US midterm elections. This political shift has raised hopes for a possible negotiated settlement of the conflict in Iran. Goldman Sachs predicts potential price increases for oil if production issues persist in the Gulf region. Analysts face uncertainty in forecasting the future of the ongoing war and its impact on oil prices.
Goldman, Apollo seek buyers for $40 billion SpaceX AI chip deal
Goldman Sachs and Apollo Global Management are in talks with investors to sell portions of a roughly $40 billion financing deal for SpaceX's AI chips, Bloomberg News reported on Wednesday.
Oil Price Today (November 4): Crude oil falls below $104 ahead of US midterm elections outcome. What are analysts saying?
Crude oil price : Oil prices experienced a slight dip on Wednesday as traders kept a close eye on the US midterm elections. Brent crude futures fell to $103.21 per barrel, with US WTI crude also seeing a decrease to $95.42. Despite an unexpected drop in US crude inventories, the unpredictable situation in the Middle East continues to influence market sentiments.
India gains as global investors move away from AI-linked stocks: Goldman Sachs
Indian equities outperformed the Asia-Pacific region in the MXAPJ index by 7 percentage points last month, making the country one of the best-performing global markets during the period. Goldman Sachs said the recovery was due to a rotation in global portfolios away from north Asian markets, which have greater exposure to AI -linked stocks.
IndiGo, Indian Oil and other crude-sensitive stocks rally up to 4% as oil dips below $105/bbl. Where are prices headed?
Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session amid US-Iran peace talks. Upstream stocks ONGC and Oil India, however, fell up to 2%. Lower crude prices typically benefit downstream companies by easing input costs and supporting refining and marketing margins.
Oil Price Today (November 3): Crude oil rebounds to $105 as fresh attacks outweigh peace talks. What are experts saying?
Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen regarding the potential escalation of the ongoing conflict in the Middle East. Goldman Sachs has revised its oil price forecasts upward, contemplating a possible future increase to $140 per barrel. Meanwhile, Tehran continues discussions with the US to seek peace despite ongoing military tensions.
Rupee ends flat at 94.90 despite fall in oil prices
The Indian rupee closed at 94.90, witnessing a range from 95.03 to 94.69. Market participants remained on edge with the US midterm elections looming, impacting overall sentiment. Despite falling oil prices and a weaker dollar, there was an uptick in dollar demand. Notably, Foreign Portfolio Investors turned net buyers, purchasing ₹3,114 crore, lending slight support to the rupee.
Diwali cheer! Mukesh Ambani gets $8.5 billion richer in a day as RIL shares soar
Mukesh Ambani experienced a significant increase in wealth following a rally in Reliance Industries shares. The company's stock rose by 11.64%, marking its strongest gain in over six years. Reliance's quarterly earnings surpassed expectations, especially in its oil-to-chemicals and telecom sectors. Analysts have since shown increased optimism about the company's financial outlook and growth prospects. However, challenges remain for Reliance's retail business and overall stock recovery.
Global Market: French bond yields hold steady despite Fitch downgrade warning
French bond yields remained steady despite Fitch downgrading the country's outlook to negative, as investors weighed fiscal concerns and political uncertainty against easing energy prices and developments in the Middle East.
Japan bond yields edge higher ahead of key JGB auctions; 10-year yield holds at 2.77%
Japanese government bond yields were mixed on Monday, with the 10-year benchmark holding steady at 2.77%, while the 20-year and 30-year yields rose. Investors assessed global interest rate trends ahead of a series of government debt auctions, including a 10-year bond sale on Thursday, followed by 30-year and five-year auctions later this month.
Goldman Sachs expects Bank of England to raise rates again in February
Goldman Sachs has revised its outlook on the Bank of England's interest rates, now predicting a possible quarter-point rise in November's monetary policy meeting. This would be the first increase since 2023, influenced by climbing energy costs and robust economic growth. Although immediate policy shifts are unlikely, the Bank will vigilantly observe inflation risks, maintaining rates at 4.25% through mid-next year.
China stocks edge higher as reports of market support lift sentiment
China’s stock market edged higher after reports that regulators would discuss measures to support capital markets. However, concerns over state-backed Zhuhai Huafa Group’s liquidity continued to weigh on related stocks and bond funds.
Goldman Sachs raises oil price forecasts, warns Brent could hit $140 in 2027
Goldman Sachs raised its oil price forecasts amid mounting geopolitical risks and potential Gulf supply disruptions. The bank warned Brent crude could reach $140 per barrel in 2027 under a prolonged supply shock scenario. Shipping attacks, infrastructure damage and Middle East tensions could sustain elevated oil prices and market volatility.
Oil Price Today (November 2): Crude oil falls to $111 as Iran-Qatar talks continue to end war. What are experts saying?
Crude oil price : Oil prices have plummeted dramatically, impacting Brent and WTI crude significantly. As Iranian and Qatari officials engage in talks to mitigate tensions from the US-Israeli conflict regarding Iran, the situation is further aggravated by security threats and oil tanker assaults in the Strait of Hormuz. Experts warn of ongoing price instability post-US midterm elections, creating an unpredictable environment for global energy supply chains and market responses.
Global Market Today: Asian shares bend under AI stress; Apple earnings loom
Concerns about negative cash flow and the sheer scale of AI capex saw the cost of insuring against corporate defaults blow out last week, while gold hit a one-year low amid talk stressed investors were selling to raise money for margin calls.
How to do time management? Goldman Sachs CEO David Solomon shares the one rule he follows to make every minute count
Goldman Sachs CEO David Solomon shares his approach to time management, explaining why sticking to a schedule and being deliberate about daily commitments can help make every minute count. He also recalls his grandmother's career advice, “Don't be in a hurry”, and explains why he believes in balancing discipline in everyday life with patience when pursuing long-term goals.
Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on Monday
Indian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil prices above $117 a barrel. Investors will track oil price movements, foreign institutional investor (FII) activity, global cues and domestic market trends for direction. FIIs turned net buyers after a 10-week selling streak, lending support to sentiment.
Oil prices soar 14% in October to 6-month high as US weighs fresh Iran strikes after midterms. More pain ahead?
Brent crude rose 13.6% in October to settle at a six-month high of $117.64 a barrel, as fears of fresh US strikes on Iran and threats to shipping through the Strait of Hormuz fuelled supply concerns. Analysts warn of further volatility, with Goldman Sachs flagging a possible rise to $120.
Goldman Sachs asked her to take down her baking TikToks, but this Gen Z employee had other plans; she quit Wall Street instead and is now turning her baking side hustle into a full-fledged business and made cakes for Gigi Hadid, others
Allison Sheehan, a former Goldman Sachs employee, faced conflicts with the firm's compliance team regarding her baking business. She decided to leave her finance career to fully focus on her cake business. After resigning, her production increased significantly, allowing her to create between 10 and 30 desserts each week. She is now exploring expansion plans for her company, including the potential for retail sales.
Oil Price Today (October 30): Crude oil jumps to $118 as Trump weighs fresh attacks after midterm. What are experts saying?
Crude oil price : Oil prices rose on October 30 amid fears of a potential US military strike against Iran. Crude oil prices have reached a six-month high due to ongoing security risks in the Strait of Hormuz. Uncertainties surrounding the conflict's escalation have led analysts to predict further price increases. Attacks on oil infrastructure in Saudi Arabia are also contributing to market volatility.
Oil Price Today (October 29): Crude oil dips to $113 as diplomatic talks outweigh infra attacks. Will oil fall further?
Crude oil price : In light of recent diplomatic talks surrounding potential U.S. military engagements with Iran, oil prices have taken a dip. These crude prices remain sensitive to the fluctuating situation marked by ongoing regional conflicts and the threat of further military interventions. Despite Iran's openness to negotiations, escalating hostilities from the Houthi faction targeting Saudi Arabia add to the uncertainty.
Oil Price Today (October 28): Crude oil at $116 as Saudi Arabian refinery comes under attack $120 in sight?
Crude oil price : Oil prices have risen due to an attack on Saudi Arabia's largest oil refinery by Yemen's Houthis. Concerns regarding supply disruptions have intensified amid ongoing conflict in the Middle East. The missile strike and previous Houthi attacks on oil facilities have affected Saudi operations. Analysts project varying future trends for oil prices based on potential disruptions and geopolitical developments. The situation continues to evolve, impacting market expectations and production strategies.
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