Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer_老虎社区_美港股上老虎

Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer

CNBC2021-07-07

The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday. Talks ...

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232

syleo
·2021-07-07
👍
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- starbu:
  👍
  2021-07-07
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HLTan
·2021-07-07
Kaj
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1
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- HLTan:
  jajka
  2021-07-07
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kkpSG
·2021-07-07
[开心]
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1
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luluu
·2021-07-07
Crude oil and fossil fuel definitely here to stay, but OPEC is losing its relevance
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hoyeah
·2021-07-07
Pls like
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3
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- Lgdnic:
  Bullish bro
  2021-07-07
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ASMH
·2021-07-07
Ok
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MissHappy
·2021-07-07
Sure??
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2
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- Bodoh:
  Always GS!
  2021-07-07
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- Buffett_Son:
  yes
  2021-07-07
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- hoyeah:
  Like me pls
  2021-07-07
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kermitgogh
·2021-07-07
The market of manipulation
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3
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- Bodoh:
  Does this mean GS bought into lots of oil?
  2021-07-07
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gary9535
·2021-07-07
Yes
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2
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Ahleepapa
·2021-07-07
Clearly this guru is selling. Reddit shorters take note.🤡
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4
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- NCM:
  Yea
  2021-07-07
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szueyann
·2021-07-07
Please like and comment. Thanks
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6
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- Bodoh:
  Ok
  2021-07-07
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- Acella:
  😀
  2021-07-07
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FFX
·2021-07-07
[财迷] [得意]
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1
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boonk
·2021-07-07
Oil up mean gold down
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- boonk:
  Short gold
  2021-07-07
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- Ahleepapa:
  U Sure? Treasury yield up, USD up as well. We live in a strange world
  2021-07-07
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- keaty:
  too long black gold was ignored. It's coming back now
  2021-07-07
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JeffreyNeo
·2021-07-07
1
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8
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- JensenLee:
  Pls like and comment
  2021-07-07
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- FFX:
  [财迷]
  2021-07-07
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WaDz
·2021-07-07
Commend and like please
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7
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- jastsm:
  Cool
  2021-07-07
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- 645e274f:
  Like and comment pls
  2021-07-07
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- szueyann:
  ok
  2021-07-07
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Katewong
·2021-07-07
Please like and comment pls
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7
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- TL1M:
  Nice
  2021-07-07
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- JeffreyNeo:
  1
  2021-07-07
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- szueyann:
  ok
  2021-07-07
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IsaacYap90
·2021-07-07
The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.
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8
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Khaye
·2021-07-07
ok
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4
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CharlesKing
·2021-07-07
Like and comment plz👇👇👇
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5
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- Khaye:
  ok
  2021-07-07
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- Katewong:
  Done
  2021-07-07
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- szueyann:
  ok
  2021-07-07
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sfleong1
·2021-07-07
Like n comment
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6
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- Katewong:
  Done
  2021-07-07
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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5147059,"gmtCreate":1625642854360,"gmtModify":1631891382202,"authorId":3582170029416720,"author":{"id":3582170029416720,"authorId":3582170029416720,"name":"starbu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140149495,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"}],"langContent":"EN"},{"id":140131084,"gmtCreate":1625635890048,"gmtModify":1633938832994,"author":{"id":"3562631994362651","authorId":"3562631994362651","authorIdStr":"3562631994362651","name":"HLTan","avatar":"https://static.tigerbbs.com/8d343018d7d670ebb323d39e98dd1a19","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3562631994362651"},"htmlText":"Kaj","listText":"Kaj","text":"Kaj","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/140131084","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5146394,"gmtCreate":1625635897134,"gmtModify":1635235249410,"authorId":3562631994362651,"author":{"id":3562631994362651,"authorId":3562631994362651,"name":"HLTan","avatar":"https://static.tigerbbs.com/8d343018d7d670ebb323d39e98dd1a19","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140131084,"type":1,"supId":0,"prevId":0,"content":"<u>jajka</u>","text":"<u>jajka</u>","html":"<u>jajka</u>"}],"langContent":"EN"},{"id":140920344,"gmtCreate":1625624423288,"gmtModify":1631884990894,"author":{"id":"3577664955394445","authorId":"3577664955394445","authorIdStr":"3577664955394445","name":"kkpSG","avatar":"https://static.tigerbbs.com/fa75088baee89cae791381be8da0113a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577664955394445"},"htmlText":"[开心]&nbsp;","listText":"[开心]&nbsp;","text":"[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140920344","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":140912483,"gmtCreate":1625623294942,"gmtModify":1631884136392,"author":{"id":"3554800796106880","authorId":"3554800796106880","authorIdStr":"3554800796106880","name":"luluu","avatar":"https://static.tigerbbs.com/630f653354a121b8d0228832009d2b82","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3554800796106880"},"htmlText":"Crude oil and fossil fuel definitely here to stay, but OPEC is losing its relevance","listText":"Crude oil and fossil fuel definitely here to stay, but OPEC is losing its relevance","text":"Crude oil and fossil fuel definitely here to stay, but OPEC is losing its relevance","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140912483","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":140079253,"gmtCreate":1625621356272,"gmtModify":1631890553801,"author":{"id":"3556190733280473","authorId":"3556190733280473","authorIdStr":"3556190733280473","name":"hoyeah","avatar":"https://static.tigerbbs.com/b8ab28e9eb24a11ed26fa5c3597602fa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3556190733280473"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/140079253","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5144730,"gmtCreate":1625623162319,"gmtModify":1631890553802,"authorId":3584100767586786,"author":{"id":3584100767586786,"authorId":3584100767586786,"name":"Lgdnic","avatar":"https://static.tigerbbs.com/493d41d71270a52770b856ed4e663073","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140079253,"type":1,"supId":0,"prevId":0,"content":"Bullish bro","text":"Bullish bro","html":"Bullish bro"}],"langContent":"EN"},{"id":140056800,"gmtCreate":1625620838200,"gmtModify":1633939013434,"author":{"id":"3586939439858903","authorId":"3586939439858903","authorIdStr":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586939439858903"},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140056800","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":140017232,"gmtCreate":1625619432726,"gmtModify":1633939043472,"author":{"id":"3568342600533020","authorId":"3568342600533020","authorIdStr":"3568342600533020","name":"MissHappy","avatar":"https://static.tigerbbs.com/593aee4fef5edc85bef45e9d290c4304","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3568342600533020"},"htmlText":"Sure??","listText":"Sure??","text":"Sure??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/140017232","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5144064,"gmtCreate":1625620021556,"gmtModify":1635235459053,"authorId":3559859558754319,"author":{"id":3559859558754319,"authorId":3559859558754319,"name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140017232,"type":1,"supId":0,"prevId":0,"content":"Always GS!","text":"Always GS!","html":"Always GS!"},{"id":5144146,"gmtCreate":1625620370419,"gmtModify":1635235449978,"authorId":3582538924304117,"author":{"id":3582538924304117,"authorId":3582538924304117,"name":"Buffett_Son","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140017232,"type":1,"supId":5144064,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"},{"id":5144395,"gmtCreate":1625621350729,"gmtModify":1635235425881,"authorId":3556190733280473,"author":{"id":3556190733280473,"authorId":3556190733280473,"name":"hoyeah","avatar":"https://static.tigerbbs.com/b8ab28e9eb24a11ed26fa5c3597602fa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140017232,"type":1,"supId":0,"prevId":0,"content":"Like me pls","text":"Like me pls","html":"Like me pls"},{"id":5144594,"gmtCreate":1625622280273,"gmtModify":1635235405721,"authorId":3559859558754319,"author":{"id":3559859558754319,"authorId":3559859558754319,"name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140017232,"type":1,"supId":5144064,"prevId":0,"content":"Yes! Always front running the market on gold, crude oil,….","text":"Yes! Always front running the market on gold, crude oil,….","html":"Yes! Always front running the market on gold, crude oil,…."}],"langContent":"EN"},{"id":140019149,"gmtCreate":1625619103881,"gmtModify":1633939051510,"author":{"id":"4088555865224950","authorId":"4088555865224950","authorIdStr":"4088555865224950","name":"kermitgogh","avatar":"https://static.tigerbbs.com/a4148d32bdc2876cba031551925cd7e2","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4088555865224950"},"htmlText":"The market of manipulation&nbsp;","listText":"The market of manipulation&nbsp;","text":"The market of manipulation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/140019149","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5144070,"gmtCreate":1625620042151,"gmtModify":1635235458292,"authorId":3559859558754319,"author":{"id":3559859558754319,"authorId":3559859558754319,"name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140019149,"type":1,"supId":0,"prevId":0,"content":"Does this mean GS bought into lots of oil?","text":"Does this mean GS bought into lots of oil?","html":"Does this mean GS bought into lots of oil?"}],"langContent":"EN"},{"id":140090917,"gmtCreate":1625618217739,"gmtModify":1633939071109,"author":{"id":"3586300229783457","authorId":"3586300229783457","authorIdStr":"3586300229783457","name":"gary9535","avatar":"https://static.tigerbbs.com/450bffc6ea7d58c21b47fcc86060b0d4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586300229783457"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140090917","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":140009314,"gmtCreate":1625617883838,"gmtModify":1633939078604,"author":{"id":"3585038405943602","authorId":"3585038405943602","authorIdStr":"3585038405943602","name":"Ahleepapa","avatar":"https://static.tigerbbs.com/dcc1fea9c38112b58c68a2d96017330b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585038405943602"},"htmlText":"Clearly this guru is selling. Reddit shorters take note.🤡","listText":"Clearly this guru is selling. Reddit shorters take note.🤡","text":"Clearly this guru is selling. Reddit shorters take note.🤡","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/140009314","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5146012,"gmtCreate":1625632557621,"gmtModify":1635235283370,"authorId":3567832114052050,"author":{"id":3567832114052050,"authorId":3567832114052050,"name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140009314,"type":1,"supId":0,"prevId":0,"content":"Yea","text":"Yea","html":"Yea"}],"langContent":"EN"},{"id":157776910,"gmtCreate":1625617635930,"gmtModify":1633939084400,"author":{"id":"3573721781255613","authorId":"3573721781255613","authorIdStr":"3573721781255613","name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573721781255613"},"htmlText":"Please like and comment. Thanks","listText":"Please like and comment. Thanks","text":"Please like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/157776910","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5144072,"gmtCreate":1625620054684,"gmtModify":1635235458062,"authorId":3559859558754319,"author":{"id":3559859558754319,"authorId":3559859558754319,"name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157776910,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5150359,"gmtCreate":1625667121483,"gmtModify":1635234972593,"authorId":3563150446821026,"author":{"id":3563150446821026,"authorId":3563150446821026,"name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157776910,"type":1,"supId":0,"prevId":0,"content":"😀","text":"😀","html":"😀"}],"langContent":"EN"},{"id":157773820,"gmtCreate":1625617507860,"gmtModify":1633939086886,"author":{"id":"3576060582803676","authorId":"3576060582803676","authorIdStr":"3576060582803676","name":"FFX","avatar":"https://static.tigerbbs.com/31d604f7babdb5d7e2c3f44209e81bf7","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576060582803676"},"htmlText":"[财迷]&nbsp;[得意]&nbsp;","listText":"[财迷]&nbsp;[得意]&nbsp;","text":"[财迷] [得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157773820","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":157746615,"gmtCreate":1625617292337,"gmtModify":1633939093128,"author":{"id":"3580955744929134","authorId":"3580955744929134","authorIdStr":"3580955744929134","name":"boonk","avatar":"https://static.tigerbbs.com/6e58310c6a80ddfbcb69e0989cda7858","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3580955744929134"},"htmlText":"Oil up mean gold down","listText":"Oil up mean gold down","text":"Oil up mean gold down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/157746615","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5143427,"gmtCreate":1625617316454,"gmtModify":1635235522431,"authorId":3580955744929134,"author":{"id":3580955744929134,"authorId":3580955744929134,"name":"boonk","avatar":"https://static.tigerbbs.com/6e58310c6a80ddfbcb69e0989cda7858","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157746615,"type":1,"supId":0,"prevId":0,"content":"Short gold","text":"Short gold","html":"Short gold"},{"id":5143641,"gmtCreate":1625618093744,"gmtModify":1635235500116,"authorId":3585038405943602,"author":{"id":3585038405943602,"authorId":3585038405943602,"name":"Ahleepapa","avatar":"https://static.tigerbbs.com/dcc1fea9c38112b58c68a2d96017330b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157746615,"type":1,"supId":0,"prevId":0,"content":"U Sure? Treasury yield up, USD up as well. We live in a strange world","text":"U Sure? Treasury yield up, USD up as well. We live in a strange world","html":"U Sure? Treasury yield up, USD up as well. We live in a strange world"},{"id":5143723,"gmtCreate":1625618486411,"gmtModify":1635235492230,"authorId":3578631759891221,"author":{"id":3578631759891221,"authorId":3578631759891221,"name":"keaty","avatar":"https://static.tigerbbs.com/bcf9d00e41b755619a4b4c3eb6f05541","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157746615,"type":1,"supId":0,"prevId":0,"content":"too long black gold was ignored. It's coming back now","text":"too long black gold was ignored. It's coming back now","html":"too long black gold was ignored. It's coming back now"},{"id":5152143,"gmtCreate":1625675551976,"gmtModify":1635234867065,"authorId":3580281864844831,"author":{"id":3580281864844831,"authorId":3580281864844831,"name":"Jloh","avatar":"https://static.tigerbbs.com/36842799dc971e590276c5702f7f1842","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157746615,"type":1,"supId":0,"prevId":0,"content":"Ta","text":"Ta","html":"Ta"}],"langContent":"EN"},{"id":157787273,"gmtCreate":1625615880692,"gmtModify":1633939126236,"author":{"id":"3581919031797456","authorId":"3581919031797456","authorIdStr":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":0,"idStr":"3581919031797456"},"htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/157787273","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5143349,"gmtCreate":1625617025149,"gmtModify":1635235529854,"authorId":3581586498974106,"author":{"id":3581586498974106,"authorId":3581586498974106,"name":"JensenLee","avatar":"https://static.tigerbbs.com/bec66649dc5418f64e826f6f16f3f8af","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157787273,"type":1,"supId":0,"prevId":0,"content":"Pls like and comment","text":"Pls like and comment","html":"Pls like and comment"},{"id":5143500,"gmtCreate":1625617535833,"gmtModify":1635235514967,"authorId":3576060582803676,"author":{"id":3576060582803676,"authorId":3576060582803676,"name":"FFX","avatar":"https://static.tigerbbs.com/31d604f7babdb5d7e2c3f44209e81bf7","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157787273,"type":1,"supId":5143349,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"}],"langContent":"EN"},{"id":157780067,"gmtCreate":1625615540959,"gmtModify":1633939135240,"author":{"id":"3585004570125773","authorId":"3585004570125773","authorIdStr":"3585004570125773","name":"WaDz","avatar":"https://static.tigerbbs.com/f1ff976b34d4675ec00e8130f7773472","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585004570125773"},"htmlText":"Commend and like please","listText":"Commend and like please","text":"Commend and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/157780067","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5142996,"gmtCreate":1625615634587,"gmtModify":1635235566606,"authorId":3566625666991378,"author":{"id":3566625666991378,"authorId":3566625666991378,"name":"jastsm","avatar":"https://static.tigerbbs.com/788c247e8da6b8b77693cdcfee1b68eb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157780067,"type":1,"supId":0,"prevId":0,"content":"Cool","text":"Cool","html":"Cool"},{"id":5143018,"gmtCreate":1625615701613,"gmtModify":1635235564134,"authorId":3576747252702130,"author":{"id":3576747252702130,"authorId":3576747252702130,"name":"645e274f","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157780067,"type":1,"supId":0,"prevId":0,"content":"Like and comment pls","text":"Like and comment pls","html":"Like and comment pls"},{"id":5143520,"gmtCreate":1625617609452,"gmtModify":1635235512874,"authorId":3573721781255613,"author":{"id":3573721781255613,"authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157780067,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":157715602,"gmtCreate":1625615445006,"gmtModify":1633939137288,"author":{"id":"3578890350762955","authorId":"3578890350762955","authorIdStr":"3578890350762955","name":"Katewong","avatar":"https://static.tigerbbs.com/62030146b6696c54415225b5f032c136","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3578890350762955"},"htmlText":"Please like and comment pls&nbsp;","listText":"Please like and comment pls&nbsp;","text":"Please like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/157715602","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5142950,"gmtCreate":1625615457595,"gmtModify":1635235571695,"authorId":3560400655314166,"author":{"id":3560400655314166,"authorId":3560400655314166,"name":"TL1M","avatar":"https://static.tigerbbs.com/ac25b2b0f6be3ec28a06c38fb7c8ed9e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157715602,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"},{"id":5143056,"gmtCreate":1625615896254,"gmtModify":1635235560122,"authorId":3581919031797456,"author":{"id":3581919031797456,"authorId":3581919031797456,"name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157715602,"type":1,"supId":5142950,"prevId":0,"content":"<u>1</u>","text":"<u>1</u>","html":"<u>1</u>"},{"id":5143524,"gmtCreate":1625617617053,"gmtModify":1635235512502,"authorId":3573721781255613,"author":{"id":3573721781255613,"authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157715602,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":157718870,"gmtCreate":1625615313490,"gmtModify":1631884136402,"author":{"id":"3583568085402852","authorId":"3583568085402852","authorIdStr":"3583568085402852","name":"IsaacYap90","avatar":"https://static.tigerbbs.com/40f66d0266826bb209ee22688d7bbde5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583568085402852"},"htmlText":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.","listText":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.","text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157718870","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157718901,"gmtCreate":1625615306603,"gmtModify":1633939140631,"author":{"id":"3576190458868886","authorId":"3576190458868886","authorIdStr":"3576190458868886","name":"Khaye","avatar":"https://static.tigerbbs.com/efc4560ea443052d38c11ae66e7c5c0a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576190458868886"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157718901","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157711608,"gmtCreate":1625615289004,"gmtModify":1633939141242,"author":{"id":"3579391265651951","authorId":"3579391265651951","authorIdStr":"3579391265651951","name":"CharlesKing","avatar":"https://static.tigerbbs.com/d8fbdcf3295ba7f84c1f2205610ea968","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579391265651951"},"htmlText":"Like and comment plz👇👇👇","listText":"Like and comment plz👇👇👇","text":"Like and comment plz👇👇👇","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/157711608","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5142899,"gmtCreate":1625615300898,"gmtModify":1635235576947,"authorId":3576190458868886,"author":{"id":3576190458868886,"authorId":3576190458868886,"name":"Khaye","avatar":"https://static.tigerbbs.com/efc4560ea443052d38c11ae66e7c5c0a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157711608,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"},{"id":5142961,"gmtCreate":1625615487500,"gmtModify":1635235570440,"authorId":3578890350762955,"author":{"id":3578890350762955,"authorId":3578890350762955,"name":"Katewong","avatar":"https://static.tigerbbs.com/62030146b6696c54415225b5f032c136","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157711608,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":5143529,"gmtCreate":1625617622736,"gmtModify":1635235511880,"authorId":3573721781255613,"author":{"id":3573721781255613,"authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157711608,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":157735304,"gmtCreate":1625615029108,"gmtModify":1633939146325,"author":{"id":"3583570345500843","authorId":"3583570345500843","authorIdStr":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583570345500843"},"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/157735304","repostId":1102762968,"repostType":4,"repost":{"id":"1102762968","pubTimestamp":1625613680,"share":"https://www.laohu8.com/m/news/1102762968?lang=&edition=full","pubTime":"2021-07-07 07:21","market":"hk","language":"en","title":"Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=1102762968","media":"CNBC","summary":"The price of oil can easily move higher in the near term without a deal between between OPEC and its","content":"<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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’s commodity guru says it may be ‘pretty easy’ for oil to reach $90 a barrel this summer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html\">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://www.cnbc.com/2021/07/06/oil-may-reach-90-a-barrel-this-summer-says-goldmans-jeffrey-currie.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1102762968","content_text":"The price of oil can easily move higher in the near term without a deal between between OPEC and its oil-producing allies,Goldman Sachs’ commodities chief Jeffrey Currie told CNBC on Tuesday.\nTalks between the energy alliance have beenpostponed indefinitelyafter a plan for production for August and beyond was unable to be reached over a series of meetings in recent days.\nThe lack of an agreement, as it relates to the price of oil, is “bullish any way you slice it,” Currie said in an interview Currie on“The Exchange.”\n“Our base case is $80 a barrel in third quarter and the longer this takes [with OPEC], the more risk you get to the upside,” said Currie, who serves as the investment bank’s global head of commodities research. “We could see prices spiking into the $85-$90 a barrel range during these summer months pretty easy.”\nInternational benchmarkBrent crude was downmore than 3% Tuesdayto around $74.56 per barrel, whileWest Texas Intermediate crude futures, the U.S. benchmark, traded lower by roughly 2.3% to $73.40.\nBoth Brent and WTI had been higher earlier Tuesday, with the latter reaching its highest price since November 2014 when it hit $76.98.\nIf Brent were to reach the upper end of Currie’s range, that would represent around 20% upside from where it traded intraday Tuesday.\nCurrie noted that absence of a deal between OPEC and its OPEC+ allies on production increases arrives at a seasonally strong time for oil demand as people hit the road or skies for trips. That can have the effect of pushing up prices.\n“The tightest market is between now and Labor Day, so you have the big surge in vacation and travel demand against really no supply,” Currie said. “We estimate in the month of June, this market was in a 2.3 million barrel per day deficit,” he added.\nCurrie also addressed the impact rising oil prices for energy companies and their approach to capital spending to drill more. He said right now, it’s too early to tell whether expanding presence of the environmental, social and corporate governance, or ESG, movement is causing firms to be more cautious.\n“I like to say, ‘Show me a really good commodity company with great returns that’s not getting capital.’ They’re coming out of a really bad time period right now. Part of the reason there’s no capital going into the sector is that the returns have been miserable,” Currie said. “Just recently we’ve seen this pop in oil price. Investors don’t want to see a one or two month pop in oil prices. They want to see years of good returns.”\n“A lot of these investors are going, ‘Hey, we want our money back before you start to really drill,’ and as a result, the focuses of these C-suites is going to be on return on equity, not growth in large capex budgets,” he said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5142949,"gmtCreate":1625615455873,"gmtModify":1635235571821,"authorId":3578890350762955,"author":{"id":3578890350762955,"authorId":3578890350762955,"name":"Katewong","avatar":"https://static.tigerbbs.com/62030146b6696c54415225b5f032c136","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157735304,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":232,"commentSize":25,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}