Goldman sees Brent oil at $75 as supply response trails demand
- Date: 22-Feb-2021
- Source: Arabian Business
- Sector:Oil & Gas
- Country:Middle East
Goldman sees Brent oil at $75 as supply response trails demand
Consumption will get back to pre-virus levels by late July, while output from major producers is likely to remain "highly inelastic" to the rising prices, the bank said in a note