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.

The former banker—with stints at McKinsey & Company, Goldman Sachs and Russia’s sovereign-wealth fund—has long cultivated a role as a Kremlin emissary to President Trump’s team.

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.

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.

A US-educated former Goldman Sachs banker, with no formal diplomatic role at the time, Dmitriev cut an unexpected figure at the talks next to more conventional members of the Russian delegation such as foreign minister Sergei Lavrov.

The potential easing of Western sanctions on Russia is unlikely to significantly increase Moscow’s oil flows, according to Goldman Sachs.

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.

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.

President Prabowo Subianto cited 2022 predictions by global investment firm Goldman Sachs that Indonesia would be the world’s fourth-largest economy in 2050. However, some analysts warn that this rosy outlook might be limited.