Oil To Face “Serious” Supply Problem In 2024 As Production Capacity Runs Out, Goldman Warns
February 06, 2023 at 05:45 AM EST
Heading into 2023, Goldman was bearish on most asset classes, except commodities where the bank forecast a 43% gain as “supply shortages bite.” Since then the commodity picture has ebbed and flowed, and after commodities experienced a modest bounce following China’s unexpected reopening, they have resumed sinking with oil trading just above the Biden admin’s […] Source