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Goldman Sachs says oil demand to outstrip supply later in 2023, a serious problem in 2024
Jeff Currie heads commodities research at Goldman Sachs. He spoke on the sidelines of a conference in Riyadh, Saudi Arabia, on Sunday.
Bloomberg (gated) reports, main pints:
- Oil will rise back above $100 a barrel this year
- sanctions likely to cause Russian oil exports to drop
- Chinese demand expected to recover
- OPEC+ will unwind production limits and look to raise output later this year
- “Right now, we’re still balanced to a surplus because Chi... Read More
Posted: Feb 5 2023, 21:49
Author Name: forexlive
Views: 102184