Goldman Sachs Archives - Page 9 of 9

OPEC-Non-OPEC Cuts May Clear Oil Inventory Sooner, Allowing an Early Exit from Cuts: Goldman Sachs

December 20, 2017

From Bloomberg/Arabian Business According to Goldman, the market will have re-balanced by mid-2018 OPEC’s desire to clear the global oil inventory overhang may come sooner than expected, enabling the group to exit from its production cuts early, according to Goldman Sachs Group Inc. Global stockpiles will remain below seasonal levels and continue to shrink through the second quarter of next

Banks Increasing Loan Loss Reserves as Exposure to Low Oil Prices Spreads

February 23, 2016

JP Morgan Chase & Co. increases oil and gas loan loss reserves by 61% JP Morgan Chase & Co. plans to increase its reserves to cover potential oil and gas loan losses by 61% this quarter, reports Reuters. The bank plans to set aside $500 million on top of the $815 million already in place to protect against loan loss

Crude Oil Prices About to Head South, Says Goldman Sachs

May 22, 2015

Crude oil prices are trending along six month highs, prompting relief and optimism for the weary oil and gas industry. West Texas Intermediate seems to have stabilized around $60 for the time being, but not till after rig counts plunged by approximately 60% and United States production leveled off for the first time since the shale boom began. In the

Oil prices fall on fading storm impact, Chinese economic data - Oil&Gas360

Oil Prices Could Fall Again – Goldman Sachs

March 9, 2015

Goldman Sachs estimates near-term WTI prices could fall to $40 per barrel Oil prices could give back gains seen over the past few weeks, falling as low as $40 per barrel, according to Goldman Sachs. West Texas Intermediate (WTI) oil prices rose more than 20% between January and February due to supply disruptions in the Middle East, strong winter demand

Goldman Sachs

OPEC-Non-OPEC Cuts May Clear Oil Inventory Sooner, Allowing an Early Exit from Cuts: Goldman Sachs

Banks Increasing Loan Loss Reserves as Exposure to Low Oil Prices Spreads

Crude Oil Prices About to Head South, Says Goldman Sachs

Oil Prices Could Fall Again – Goldman Sachs

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