Goldman Report Mentions $20 Oil Amid Forced Selling – ValueWalk Premium
Oil

Goldman Report Mentions $20 Oil Amid Forced Selling

With oil trading near $34.68 in the early morning hours, below Goldman Sachs’ $38 per barrel three month West Texas Intermediate price target, the salient question is: is oil just mean reverting from Goldman's price average or are more fundamental issues at play? Looking at storage capacity, a report out Thursday titled "The New Oil Order: Crunch Time" has a nuanced take on where oil is headed as it looks forward to a point when forced selling might take place. To a value . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0