Goldman Sachs Exchanges artwork

Shifting supply and demand dynamics buffer oil market

Goldman Sachs Exchanges

English - February 21, 2024 14:48 - 21 minutes - ★★★★ - 769 ratings
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Oil prices have remained relatively rangebound despite rising geopolitical tensions. Goldman Sachs Research’s Daan Struyven, head of oil research, explains the shifting supply and demand dynamics that have muted the likelihood of large prices spikes.
 

Oil prices have remained relatively rangebound despite rising geopolitical tensions. Goldman Sachs Research’s Daan Struyven, head of oil research, explains the shifting supply and demand dynamics that have muted the likelihood of large prices spikes.