An oil bull market is on the horizon, says Goldman Sachs' Neil Mehta
Portfolio Pulse from
Goldman Sachs' energy analyst Neil Mehta predicts an upcoming bull market in oil, suggesting potential opportunities in energy stocks by 2025.
January 03, 2025 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Neil Mehta from Goldman Sachs predicts a bull market in oil, which could positively impact the United States Brent Oil Fund (BNO) as it tracks the price of Brent crude oil.
BNO is directly linked to Brent crude oil prices. A predicted bull market in oil by a reputable analyst like Neil Mehta suggests a potential increase in BNO's value as oil prices rise.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80