Goldman Expects Global Oil Inventories to Hit a Record-Low

Bloomberg
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Goldman Expects Global Oil Inventories to Hit a Record-Low
Bloomberg
Written by Bloomberg
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Daan Struyven, global commodities research co-head at Goldman Sachs, says oil bottlenecks and supply chain logistics related to the Strait of Hormuz put the global oil market on track to reach the lowest-ever level for global visible inventories, which "implies some upside risks to our forecasts."

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