Daily Standup Top Stories U.S. Electricity Generation by Source in 2023: Natural Gas, Coal, Nuclear, Wind, Hydro, Solar, Geothermal, Biomass, Petroleum February 27, 2024 Mariel Alumit By Wolf Richter for WOLF STREET. Electricity generation, as measured in gigawatt-hours, has […]
Goldman Sachs Group Inc. Chief Executive Officer David Solomon said softer spending by consumers calls into question expectations that the US economy will avoid a recession. “The world is set up for a soft landing,” Solomon said at […]
Oil Price Goldman Sachs expects OPEC to not let oil prices slide too much below $80 per barrel next year and use its pricing power to keep them in the $80-$100 range, the bank said […]
Reuters Goldman Sachs expects increased returns on commodities over the next 12 months, buoyed by higher spot prices amid easing monetary policy and recession fears while the asset class also strengthens on hedging against geopolitical […]
Currie has been the face of commodities research at Goldman That includes predicting another decade-long price supercycle WATCH: Goldman Sachs’s Jeff Currie is leaving the bank after 27 years.Source: Bloomberg Jeff Currie, the prominent commodities […]
Oil prices are set to rise to $86 per barrel at year-end, from $80 now, as record-high oil demand and lowered supply will lead to a large market deficit. “We expect pretty sizable deficits in […]
Throughout this year, executives from oil majors and big independents have detailed plans to commit larger shares of their capital budgets to their core businesses of finding and developing reserves of oil and natural gas. […]
ENB Pub Note: AI is dangerus to humans. Who starts the algorithms and gives the initial bias? We have seen big tech banning anything they don’t like, and even government collusion to harm free speech. […]
As macroeconomic headwinds mount, merger and acquisition trends are pressured downward. The Federal Reserve’s ongoing policy of interest rate hikes to combat the highest inflation seen in decades has created less-than-optimal conditions for dealmaking. Consequently, […]
Goldman Sachs Group Inc., one of the most bullish banks on its outlook for oil, has nudged its forecasts down as worries over the banking sector and the potential for recession outweigh a surge in […]
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