Too soon for the oil price to drop on recession concerns – Goldman Sachs – by anilpanchal7 Oil Banks Recession RiskAppetite Commodities
in four months, Goldman Sachs cites the unresolved global supply deficit and the previous rally of black gold in its latest report.It’s worth noting that Citibank expects the energy benchmark to drop to $65.00 on recession fears.
Elsewhere, comments from Secretary-General of the Organization of the Petroleum Exporting Countries , Mohammad Barkindo, also couldn’t please the black gold buyers.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Australians can sustain higher interest rates – Goldman SachsAhead of the Reserve Bank of Australia (RBA) policy decision, Goldman Sachs’ Australia and New Zealand Chief Economist Andrew Boak said in a Bloomberg
Lire la suite »
Crude Oil Price Technical Forecast: WTI Spills Lower- Correction LevelsCrude oil prices plummeted more than 9% this week with WTI marking its worst single day loss since mid-March threatening a deeper correction in the days ahead.
Lire la suite »