A US-educated former Goldman Sachs banker, Kirill Dmitriev has cut an unexpected figure at recent talks between the US and Russia in Riyadh.

A potential Ukraine ceasefire and the associated easing in sanctions on Russia are unlikely to substantially increase Russia's oil flows, Goldman Sachs said on Wednesday.

Goldman Sachs analysts asserted that a potential ceasefire in Ukraine and the subsequent easing of sanctions on Russia would likely have a negligible impact on Russia’s oil flows. The financial institution contended that even with reduced sanctions,

Goldman Sachs raised its 12-month price forecast for Europe's STOXX 600 index on Friday, citing the potential benefits of a peace deal between Russia and Ukraine for the region's equities.

President Cyril Ramaphosa told a Goldman Sachs gathering that it was in South Africa's interest to promote good relations with all countries, including its second-largest trading partner.

Crude oil futures edged higher, largely driven by fears over Kazakhstan's oil flows following a drone attack on a pumping station for a pipeline in Russia carrying crude to the Black Sea.

Goldman Sachs argues that potential sanctions relief on Russia following a Ukraine peace deal would not significantly increase its oil supply, as production is primarily limited by its OPEC+ quota.

(Reuters) - A potential Ukraine ceasefire and the associated easing in sanctions on Russia are unlikely to substantially increase Russia's oil flows, Goldman Sachs said on Wednesday. U.S ...