Meanwhile, Goldman Sachs raised Brent crude price forecast for December 2023 to $95 per bbl and December 2024 forecast to $100 per bbl following the announcement. The global investment bank lowered its end-2023 production forecast for OPEC+ by 1.1 million bpd.
Kharif sowing recovers after July rains
India’s kharif planting has rebounded impressively following beneficial rainfall in July. Farmers are keen to recover from the setbacks of a parched June, showcasing an