Goldman Sachs predicts that oil prices will reach $80 per barrel in the fourth quarter According to a report by Golden Finance, on June 30th, Goldman Sachs' commodity team predicted that oil prices would reach $80 per barrel in the fourth quarter of this year, slightly higher than pre war levels. They also predicted that refining margins would remain high due to damage to facilities in the Gulf region and Russia. In addition, the Federal Reserve has released a more hawkish signal, and Goldman Sachs expects to support the US dollar exchange rate to rise to near March highs. Currently, it is believed that inflation in most parts of Asia is still controllable, as energy price shocks are more concentrated and short-lived than in 2021-22. In addition, countries are expected to buffer the impact through inventory and fiscal policies, and technology spending is still the core dominant factor in many Asian economies and markets.