Gasoline and oil prices should bounce back through the end of the year as the market still needs to balance rising demand and tight supplies, according to Goldman Sachs Group Inc. Brent oil futures could […]
Republican states are fighting efforts by certain banks to push environmental, social, and governance (ESG) standards that promote, among other progressive agenda, anti-fossil fuel policies. Over the past year, at least 15 Republican-led states have proposed […]
Goldman Sachs remains highly bullish on crude and refined products. GS: recent pullback could be buying opportunity. The underinvestment thesis remains the core of Goldman’s energy market view. Goldman Sachs continues to be very bullish […]
‘Plenty of twists and turns to come,’ says Vitol’s Muller Vitol’s views echo those of Wall Street banks such as Goldman Global oil markets could tighten even more with Russian flows being disrupted and producers […]
Demand destruction is the only thing that can stop oil shooting higher after the U.S. and European allies unleashed additional curbs on Russia following its invasion of Ukraine, according to Goldman Sachs Group Inc. The […]
Goldman Sachs sees big oil companies perform well in 2022, boosted by strong positive consensus earnings revisions, improved ESG credentials, and accelerating buybacks The brokerage points to “an era of structurally higher commodity prices on diminishing […]
OPEC sees oil market supported by demand in a monthly report Goldman Sachs sees $100-a-barrel crude by the third quarter Oil surged to the highest level in seven years as robust demand and strained supplies […]
It was once one of the strongest engines in Goldman Sachs Group Inc.’s trading powerhouse before seeming to weaken with every year. By 2017, the bank’s commodities desk was failing to generate $300 million — less […]
Commodity prices climb faster than in previous recoveries Stocks, bond yields aren’t responding the way they used to Commodities are climbing fast as the world recovers from the Covid pandemic. But while the speed is […]
Oil ended the session unchanged after choppy trading with traders focused on adjusting positions in U.S. crude options ahead of expiration. Futures in New York closed flat on Thursday after earlier declining as much as […]
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