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11 Jul 2017
Goldman Sachs on Oil: Markets still searching for the equilibrium
Goldman Sachs' Head of Commodities Research Jeff Currie was out on the wires earlier today, expressing his take on oil markets going forward.
Key Headlines via Reuters:
Trading range for the price has shifted lower due to technological innovation
But we're at the bottom end of it at the moment that suggests upside from here
Markets still searching for the equilibrium
Looking ahead to the H2 2017, balance of risks are beginning to shift to the upside