Brent Crude to Stay in $30 Range in 3Q, Goldman Sachs Says

May.12 — Brent oil is likely to remain in the $30 a barrel range in the third quarter, and rise to the $40 range in the fourth quarter, as storage draws down, according to Jeff Currie, global head of commodities research at Goldman Sachs. He also comments on the outlook for gold in an interview on “Bloomberg Daybreak: Americas.”

In This Story: Goldman Sachs

The Goldman Sachs Group, Inc. (NYSE: GS), is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting.

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