Post Tagged with: "Goldman"

Goldman Says for a Peek Into Oil’s Future, Go Back to 1990s

Goldman Says for a Peek Into Oil’s Future, Go Back to 1990s

From Bloomberg

The future of the oil market may resemble the past — specifically the 1990s — according to Goldman Sachs Group Inc.

That’s when prices remained steadily in backwardation, a market structure where near-term futures are costlier than later …

April 9, 2019 - 4:16 pm Closing Bell Story‎, Crude Oil News, Energy News

Goldman’s an Oil Price Bull in 2018: 9% Total Returns Forecast

From Bloomberg

2018 Brent View Raised to $62 from $58; WTI to $57.50 from $55

Bank sees lower inventories in 2018 on OPEC commitment to cuts

Goldman Sachs Group Inc. predicts oil prices will retain their strength, at least through …

December 5, 2017 - 8:35 am Closing Bell Story‎, Commodity Pricing, Energy News