Exchanges At Goldman Sachs

Why the ‘great de-stocking’ in oil and commodities could pave the way for future gains

Informações:

Synopsis

Oil and commodity prices have fallen this year amid unprecedented declines in inventories. But this “great de-stocking” could also pave the way for strong gains if the economy avoids a recession given solid fundamentals and overall demand, explains Jeff Currie, global head of commodities in Goldman Sachs Research.