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Goldman Sachs sees Brent crude oil prices to USD100/bbl by June as stocks 'descend gently'
Goldman Sachs on oil:Brent is unlikely to sustainably overshoot USD 105/bbl in 2024, upper end of the USD 80-105/bbl OPEC sweet spot range Market may become very tight in a more distant future, although productivity and oil demand will also be critical Oil market which is now slightly tighter than usual is tightening further at moderate pace, but has significant spare capacity to handle near-term tightening shocks This article was written by Eamonn Sheridan at www.forexlive.com...
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Posted: Oct 31 2023, 20:10
Author Name: forexlive
Views: 112164