TSX:ENCC - Post Discussion
Post by
ANALOG GUY on Jul 24, 2023 12:26pm
Future is Bright
Goldman Sachs expects record demand in oil markets to drive crude prices higher in the near term.
"We expect pretty sizable deficits in the second half with deficits of almost 2 million barrels per day in the third quarter as demand reaches an all-time high," Goldman's head of oil research Daan Struyven told CNBC's "Squawk Box Asia" on Monday.
Goldman Sachs expects record demand in oil markets to drive crude prices higher in the near term.
"We expect pretty sizable deficits in the second half with deficits of almost 2 million barrels per day in the third quarter as demand reaches an all-time high," Goldman's head of oil research Daan Struyven told CNBC's "Squawk Box Asia" on Monday.
Goldman Sachs expects record demand in oil markets to drive crude prices higher in the near term.
"We expect pretty sizable deficits in the second half with deficits of almost 2 million barrels per day in the third quarter as demand reaches an all-time high," Goldman's head of oil research Daan Struyven told CNBC's "Squawk Box Asia" on Monday.
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