kencarrot
2021-12-03
Lol
Goldman sees oil upside next year in ongoing structural bull market
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman sees oil upside next year in ongoing structural bull market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-03 09:37 GMT+8 <a href=https://seekingalpha.com/news/3776753-goldman-sees-oil-upside-next-year-in-ongoing-structural-bull-market><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil prices are primed for \"substantial\" gains going into H1 2022, as today's decision by OPEC+to proceed with planned production increases will not derail a fundamentally strong oil market, Goldman ...</p>\n\n<a href=\"https://seekingalpha.com/news/3776753-goldman-sees-oil-upside-next-year-in-ongoing-structural-bull-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3776753-goldman-sees-oil-upside-next-year-in-ongoing-structural-bull-market","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1135191762","content_text":"Oil prices are primed for \"substantial\" gains going into H1 2022, as today's decision by OPEC+to proceed with planned production increases will not derail a fundamentally strong oil market, Goldman Sachs analysts say.\nPrices could \"grind higher going into year-end, with real potential upside going into the first half of next year,\" Jeff Currie, Goldman's global head of commodities research, told Bloomberg today.\nThe bank sees \"very clear upside risks\" to its forecast for the Brent benchmark to average $85/bbl in 2023.\nFebruary Brent crude(CO1:COM)closed the day+1.2%to $69.67/bbl after plunging as much as 4.6% earlier, while January WTI (CL1:COM)settled+1.4%at $66.50/bbl, as OPEC+left the door open for potential adjustments if oil prices decline further.\nU.S. shale producers will be cautious in their spending plans for 2022 because of recent low prices, while OPEC's spare capacity will be reduced more quickly than if the group had decided to pause on supply increases, Goldman says, adding that the also takes pressure off the Biden administration to cut a deal with Iran that would have added barrels next year.\nIn the short term, Goldman says the oil market needs more information on the COVID-19 omicron variant for oil prices to start recovering above $80.\nU.S. Deputy Energy Secretary David Turk said yesterday that the Biden administration was considering a possible reinstatement of the crude oil export ban.","news_type":1},"isVote":1,"tweetType":1,"viewCount":992,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/601107013"}
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