Goldman Sachs predicts oil prices to reach $80 per barrel in the fourth quarter

Goldman Sachs' commodity team predicts that oil prices will reach $80 per barrel in the fourth quarter of this year, as refining margins will remain high due to damage to facilities in the Gulf region and Russia. The Federal Reserve has released a hawkish signal, and Goldman Sachs expects to support the recovery of the US dollar exchange rate to near its March high. Inflation remains controllable in most parts of Asia, and technology spending remains the core dominant factor in many Asian economies and markets.