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IPFS News Link • Oil

Oil Soars To 7 Year High As Goldman Sees Brent Hitting $105 In 2023

• Zero Hedge

It's a bloody day for risk assets, with tech names plunging, yields surging, and even that "industrial bellwether", the Dow Jones, set for a big drop with two of its four biggest constituents - Goldman (#2 at 7% weight) and Microsoft (#4 at 5.7% weight) - sinking on poor earnings and a whopper of an acquisition, respectively. But not everything is tumbling: oil just hit the highest price since 2014..