Goldman’s Currie sees ‘lot of upside risk’ to year-end $90/b Brent price call

摘要

Global oil prices could surge well above $90/b by the end of the year unless a current supply deficit amid rebounding energy demand can be reduced in the coming months, Jeff Currie, the head of commodity research at Goldman Sachs said Oct. 20. At the end of September, Currie said Goldman estimated that the global oil market was undersupplied by about 4.5 million b/d, or 5% of global demand, as economies bounced back from the pandemic.