- Improving global oil demand and faster-than-expected production curtailments from outside the OPEC+ pact are set to push the oil market into deficit next month, according to Goldman Sachs.
- Yet, there is little room for an oil price rally in the near term because of the still sizeable oversupply of crude oil and refined products, Goldman Sachs said in a note, carried by Reuters.
- On the other hand, demand is improving from April lows and is limiting the downside for oil prices, the investment...
https://mfame.guru/goldman-sachs-predicts-further-fall-in-oil-market/