Goldman sees elevated OPEC pricing power, $100 per barrel by April 2024 after supply cut

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Goldman Sachs says crude oil production cuts by OPEC could result in a significantly larger deficit in the market, driving a rally in prices to $100 per barrel by April 2024, and raising the group’s pricing power. OPEC+, which groups the Organization of the Petroleum Exporting Countries with Russia...

https://www.hellenicshippingnews.com/goldman-sees-elevated-opec-pricing-power-100-per-barrel-by-april-2024-after-supply-cut/

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