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Goldman Sachs reaffirm their Brent $86 forecast (Dec), cite demand return, growth optimism

Goldman Sachs reaffirm their Brent $86 forecast (Dec), cite demand return, growth optimism
A note from Goldman Sachs on oil, analysts restating their forecast for Brent crude oil at $86/barrel by December this year. Record high demand and Saudi supply cuts have brought back deficitsThe market has abandoned its growth pessimismGlobal oil demand reached a record high in Julyreduction of supply from OPEC+ heavyweights Saudi Arabia and Russia has improved the outlook for crude This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Jul 30 2023, 23:34
Author Name: forexlive
Views: 080824

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