This is a bit of a catch up on an oil note from GS.
Goldman Sachs look for prices to gain through next year. GS cite:
- "There is a growing likelihood that vaccines will become widely available starting next spring, helping support global growth and oil demand, especially jet"
Projections:
- Brent to $US65 / barrel in the Q3 2021, at $US58 by the end of next year
- WTI to $US55.88