Tag Archives: Goldman Sachs Bank

The bank still expects declining prices into 2020 due to better supplied markets next year.

Now prices are higher than they were in January.

A surge in OPEC production in late 2018 means the market started this year better supplied than the last.

Goldman Sachs believes that the price of oil and other commodities are set for a rebound next year.

The oil market could tip into a shortage in the 2020s because ``nobody is allowed to fully invest in future oil production.

The oil market could tip into a shortage in the 2020s because nobody is allowed to fully invest in future oil production.

The most crucial difference between Goldman and some other forecasters is the confidence in emerging market demand.

Saudi Arabia has been raising its production faster than many expected.

Goldman’s analysts said production in Libya and Nigeria was higher than expected.

The analysts at Goldman Sachs expect the OPEC producers and Russia to compensate for the drop in Iranian oil supplies.