Easing inflation expectations this year may be at risk of a reversal as Goldman Sachs said that with China and other Asian economies fully reopening from their pandemic restrictions, a barrel of Brent oil could reach $110 by the third quarter of 2023, reported Bloomberg.

Higher inflation this year? Goldman Sachs predicts oil prices could rise up to $110 a barrel

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Higher inflation this year? Goldman Sachs predicts oil prices could rise up to $110 a barrel