Goldman Sachs said that with the surge in global gas prices, a colder winter in Europe and Asia could in turn boost demand for oil, driving a $5 per barrel upside risk to its fourth quarter 2021 Brent price forecast of $80 a barrel. A global surge in wholesale power and gas prices has prompted concerns of high winter energy bills and shortages, having already forced some energy supplies out of business in Britain. read more A colder winter could lead to a 900,000 barrels per day (bpd) increase in oil demand, the Wall Street bank said in a note dated Sept. 19. “The tightness in global gas supplies creates a clear and potentially meaningful bullish catalyst for the oil market […]