Goldman Sachs is bullish on oil following the reports of a Saudi/UAE deal
Oil prices have dropped away since the reports that Saudi Arabia and the United Arab Emirates have reached a compromise over OPEC+ policy.
The deal should unlock an increased supply of crude into a tight oil market.
Justin was on top of the news as it broke yesterday:
Goldman Sachs say that the expected OPEC+ deal would be a bullish catalyst. The firm has maintained its Brent forecast at $80 per barrel.