Commodities Bull Goldman Cuts Oil-Price Forecasts for 2023

[ad_1]

The bank is still among the most bullish on Wall Street when it comes to commodities and believes the market has entered a supercycle. Yet it now predicts a supply surplus of 150,000 barrels a day this year, after lowering demand forecasts for major economies and pushing up production estimates for Russia and the US slightly.



[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *