Latest OECD economies News & Updates

New Delhi, March 23 (IANS) Analysts at Goldman Sachs have sharply raised their oil price forecasts for 2026, citing severe disruption to shipments through the Strait of Hormuz, which they described as the biggest supply shock ever to hit the global crude markets.The prominent investment bank has expected that Brent crude futures will average $85 per barrel in 2026, an increase of 10.38 per cent from its earlier estimate of $77.Similarly, US West Texas Intermediate (WTI) is projected at $79 per b…