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Goldman Sachs has cut its forecast for the average oil price next year by 12%, citing abundant production in the United States. The Wall Street bank wrote in a note Sunday that it now expects ...
Oil prices are expected to jump this summer on demand for transportation and cooling. Goldman Sachs analysts forecast Brent crude prices to rise to $86 per barrel, almost a 7% increase from ...
The index was originally developed in 1991, by Goldman Sachs. In 2007, ownership transferred to Standard & Poor's, who currently own and publish it. Futures of the S&P GSCI use a multiple of 250. The index contains a much higher exposure to energy than other commodity price indices such as the Bloomberg Commodity Index.
Goldman Sachs has cut its forecast for the average oil price next year by 12%, citing abundant production in the United States. Goldman Sachs lowers its 2024 oil price forecast by 12% due to ...
The artificial intelligence boom could make oil prices fall even as the technology boosts power demand, Goldman Sachs analysts said. The analysts point to AI's improved logistics capabilities and ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
Jeffrey Currie. Jeff Currie is an economist and currently Chief Strategy Officer of Energy Pathways at The Carlyle Group. He is the former Global Head of Commodities Research in the Global Investment Research Division at Goldman Sachs. He rose to prominence during the 2000s by forecasting the commodity super-cycle and oil spiking above $100 a ...
Oil prices are expected to stay in the mid-$80 range this summer, ... Meanwhile, Goldman Sachs forecasts Brent will average $84 this year after a supply squeeze this summer.
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