Oil prices expected to fall globally
The market will face an oil supply surplus of approximately 2 mln barrels per day
Goldman Sachs
Azerbaijan and Goldman Sachs discuss cooperation issues
President of the Republic of Azerbaijan Ilham Aliyev has met with President of Global Affairs at “The Goldman Sachs Group, Inc.” Jared Cohen in Davos. They noted that the successful cooperation of “The Goldman Sachs …
Goldman Sachs, JPMorgan unwinding Russia businesses
Goldman Sachs Group Inc and JPMorgan Chase & Co announced they were unwinding their Russian businesses, becoming the first major U.S. banks to exit Russia. Operating in Russia has become harder for Western financial …
Goldman Sachs: oil prices will surge to $100 this year
Goldman Sachs is now calling for oil prices to hit $100 a barrel later this year and continue rising in 2023, signaling higher prices at the pump are on the way, CNN writes
U.S. dollar's woes are only beginning, Ulf Lindahl says
The U.S. currency will plunge 36% against the euro over the next year
Goldman Sachs on OPEC+ deal: historic yet insufficient
Goldman Sachs said that oil prices would continue to fall in the coming weeks, reasoning that a "historic yet insufficient" deal by major oil producers to cut output is unlikely to offset a coronavirus-led demand rout. …
Week ahead for financiers: Financial Times recommendations
US-China trade deal, Brexit, earnings
Are U.S. recession concerns rising with trade war?
Goldman Sachs Group Inc. is raising concerns of a U.S. recession as the trade war with China intensifies, boosting the impact on economic growth, Bloomberg reported citing a research note. The U.S. investment bank said it no longer …
US federal debt to exceed 100% of GDP
The United States federal debt may exceed 100% of GDP from the current 76% in ten years, according to Goldman Sachs. Sachs's economist team wrote that the US "Federal fiscal policy is entering uncharted …
Oil down 1% on surprise rise in US inventories
High OPEC output also influenced the world prices
Oil at $45 a Barrel May Be the Only Thing That Can Stop U.S. Shale Production Growth
U.S. shale output presses on oil prices, according to Goldman Sachs
Oil prices rise after Opec agrees on long-term strategy
The glut that has kept a lid on prices is not draining away as fast as the oil bulls would like.
Prominent investors are worried about China’s debt
It is unlikely that China’s debt will spark a global crisis in the near future
Will oil market continue nosedive?
Goldman Sachs experts issued a report which forecasts that crude oil prices will remain low until mid-2017, as the oil market has continued to remain unstable. According to the experts, crude oil prices will remain in the …
Goldman Sachs says oil market fundamentals 'fragile,' oil prices to stay flat until mid-2017
Uncertainties in the near-term oil outlook leaves the key price driver to be largely related to movements in the U.S. dollar
Izmir-based SOCAR port to operate at full capacity from late March
The container port Petlim, built on the initiative of the State Oil Company of Azerbaijan (SOCAR) near the Turkish city of Izmir, will start operating from the end of March. "The port is fully ready to receive vessels, so it …
Oil prices to peak soon
With Brent futures reaching $41 per barrel in March, the International Energy Agency sees “a light at the end of the tunnel” and Goldman Sachs Group Inc. has pointed to the signs of its recovery. But many analysts warn that, like the …
No reason for panic due to oil prices
Analysts of the investment bank Goldman Sachs forecast a new fall in oil prices in the near future. They explain this by a combination of proximity stocks of petroleum products, which …
Goldman Sachs: oil price to remain low for another 15 years
According to Goldman Sachs Group Inc, a glut of crude oil may keep oil prices low for the next 15 years. The head of commodities research at the bank, Jeffrey Currie, said there's less than a 50% chance that …