Goldman forecasts strong demand even as oil hits $80

Money managers who are reducing their bullish bets on oil are following a “dangerous” strategy, according to Goldman Sachs.

Goldman forecasts strong demand even as oil hits $80
Fri, 18 May, 2018 - 07:30

By Heesu Lee and Grant Smith

Money managers who are reducing their bullish bets on oil are following a “dangerous” strategy, according to Goldman Sachs.

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CourtsHeathrowPlace: USPlace: LondonPlace: Saudi ArabiaPlace: ZurichPlace: VenezuelaPlace: AngolaPerson: Heesu LeePerson: Grant SmithPerson: Jeffrey CurriePerson: President Donald TrumpPerson: Norbert RueckerOrganisation: GoldmanOrganisation: Goldman SachsOrganisation: OPECOrganisation: IranOrganisation: International Energy AgencyOrganisation: Julius Baer GroupOrganisation: Organisation of Petroleum Exporting CountriesOrganisation: Bloomberg
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