Goldman has presented four possible scenarios for the oil market arising from the US attack on Iran’s nuclear facility:
Scenario One, we stay in the present scenario where we do not have a meaningful or any loss of supply…
I think in that situation we stay around these sort of levels because we are seeing some curtailment of ships wanting to go into the region…. So the fear of what could potentially happen is already having an impact, but it’s not having a meaningful impact, or any real impact on the actual physical supply…. I think in that scenario, we maintain a $5 to $7 premium and trade just north of $72 a barrel….
