Goldman Sachs warns oil may reach $100 if key passage volumes stay low

African economic commentary stresses that weak global demand may keep oil below $100 per barrel despite the war‑driven spike. Economists in South Africa and elsewhere argue that high interest rates and slow growth in key economies will limit how far prices can rise. They see current gains as sharp but possibly short‑lived unless supply losses become much larger or longer‑lasting.

• •African economists argue that sluggish growth in Europe and China will cap oil demand.
• •Commentary from South Africa expects crude prices to remain under $100 even with the Middle East conflict.
• •Some African analysts describe the latest price jump as driven more by fear than by lasting supply loss.
• •Regional reports warn that African importers are vulnerable to higher fuel costs but still doubt a sustained move above $100.
• •African commentators suggest that if demand stays weak, producers may struggle to maintain higher prices over time.