Goldman forecasts the biggest jump in oil demand ever

SectorOil & Gas
CountryMiddle east

Goldman Sachs is forecasting the largest jump in oil demand on record as the world opens up again amid the Covid-19 vaccination rollout.

The firm is raising its outlook on oil based on this expected upswing in demand, noting that “the magnitude of the coming change in the volume of demand — a change which supply cannot match — must not be understated.” more...