Goldman's Courvalin Sees $130 Brent by Year-End

The video discusses the impact of inflation on gasoline prices, projecting them to rise to $5 by year-end to address market deficits. Oil prices are expected to reach $130 per barrel. The potential reopening of China could increase oil demand, adding $15 per barrel. Seasonal changes may lead to higher diesel and gasoline prices due to reduced refinery activity.

What is the expected price of oil per barrel at the end of the year according to the forecast?

What factors contribute to the upside risk in the oil pricing model?