Tag: GOLDMAN SACHS

Goldman sees oil market recovery gathering pace in 2021

Goldman Sachs expects Brent prices to rally in 2021, bolstered by a tighter oil market and as an economic recovery from the coronavirus-induced slump gathers pace, helped by a possible vaccine

Goldman ‘patiently bullish’ on oil as fundamentals improve

The bank raised its second-quarter 2020 Brent price forecast to $25 per barrel from $20 previously, while also slightly raising its full-year forecast for Brent to $35.8 per barrel from $35.2