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Goldman Sachs says unlikely to be any impact on main fundamental drivers of oil price

Goldman Sachs says unlikely to be any impact on main fundamental drivers of oil price
A Goldman Sachs note with their immediate assessment of the oil price impact of the terrorist attacks on Israel.GS begin with the caveat:Recognizing the elevated uncertainty and incomplete information at this early stageWhich seems a fair enough point. And then go on:we note that there has been no impact to current global oil production, and that we see as unlikely any immediate large effect on the near-term supply-demand balance and near-term oil inventories, which tend to be the main fundament... Read More
Posted: Oct 9 2023, 22:51
Author Name: forexlive
Views: 111019

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