Goldman Sachs expects oil to set a new range between $85-$95/bbl in 2010 on improving near-term fundamentals. The rally will be driven by stronger timespreads, as prompt prices come in line with higher long-dated prices.
Goldman Sachs expects oil to set a new range between $85-$95/bbl in 2010
on improving near-term fundamentals. The rally will be driven by stronger
timespreads, as prompt prices come in line with higher long-dated prices. Fundamentals
are tightening from strong economic activity in the
US
and
Japan
,
combined with supply disruptions. "Negative supply news, including a disruption
in
North Sea
crude oil production, reduced Venezuelan fuel oil
exports due to a power generation crisis, and the potential for a refinery
strike in
France
,
suggests a tighter near-term supply-demand balance," Goldman says. ICE
April Brent crude +49c at $78.68/bbl, Nymex March light, sweet crude +52c at
$80.33/bbl.
Ακολουθήστε το energia.gr στο Google News!Παρακολουθήστε τις εξελίξεις με την υπογραφη εγκυρότητας του energia.gr
Διαβάστε ακόμα
Παρ, 18 Ιουλίου 2025 - 07:56
Παρ, 18 Ιουλίου 2025 - 07:52
Πεμ, 17 Ιουλίου 2025 - 11:09
Πεμ, 17 Ιουλίου 2025 - 11:06
Τετ, 16 Ιουλίου 2025 - 09:42