Goldman Sachs Executive Says Oil Supply To Fall Massively This Year, Hikes Price Forecast – Here Are the Targets

AI Briefing

• – Goldman Sachs predicts a massive drop in global oil supply and a price increase due to tensions in the Middle East.
• – Daan Struyven, co-head of global commodities research at Goldman Sachs, warns of a sharp decline in oil supply.
• – The bank is raising its price forecast for oil as a result of the expected supply shortage.