Post Tagged with: "Bullish"

Source: CNBC

Oil prices expected to struggle despite Saudi cuts, but Goldman is more bullish than most


Oil markets are in for more struggles this year despite a more than 5% boost to prices this week on news from OPEC+. The oil producer group, led by Saudi Arabia and Russia, announced that members would keep production …

January 6, 2021 - 1:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Finance
DNB Sees Bullish Signals in the Oil Patch

DNB Sees Bullish Signals in the Oil Patch

$70-$100 per Barrel for the Coming 5-10 Years

In its Oil Market Report sent to clients today, DNB Bank’s Oslo research team led by oil market analyst Torbjørn Kjus, said “we now believe prices have dropped to unsustainably low levels …