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Goldman Sachs expects 'all time high' oil demand to spur large deficits, boosting prices

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Goldman Sachs expects 'all time high' oil demand to spur large deficits, boosting prices


Goldman Sachs expects record demand in oil markets to drive crude prices higher in the near term. "We expect pretty sizable deficits in the second half with deficits of almost 2 million barrels per day in the third quarter as demand reaches an all-time high," Goldman's head of oil research Daan…

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