This has prompted at least one investment bank to reiterate its bullish forecast for oil prices despite the recent decline. According to Jeffrey Currie, the head of commodities at Goldman Sachs, Brent crude could yet rise to $110 per barrel next year.
enezuelan output. Importantly, though, this has yet to materialize in sharply rising inventories and does not justify the magnitude of todays sell off, especially if OPEC is now discussing a production cut as a result, said Jeffrey Currie and the commodities team at Goldman Sachs, in a note.
Date: Nov 14, 2018
Category: Headlines
Source: Google
Saudi Arabia's Grand Plan to Move Beyond Oil: Big Goals, Bigger Hurdles
Theres a significant amount of skepticism in the market around Saudis ability to execute on Vision 2030, said Jeffrey Currie, global head of commodities research for Goldman Sachs. My view is more optimistic.
Date: Oct 25, 2017
Category: World
Source: Google
US shale oil boom is actually 'OPEC's friend,' says Goldman's Currie
are now competitive at prices in some cases below $30 a barrel. Thats lower than for many other oil producers, putting the U.S. and OPEC in a joint sweet spot to squeeze out other competitors in the current oil-price environment, said Jeffrey Currie, global head of commodities research at the firm.
Date: May 11, 2017
Category: Business
Source: Google
Gold Bulls Flee at Fastest Pace Since May on Rate Outlook
ubstantially below $1,250, Goldman Sachs Group Inc. said in a report dated Oct. 6. While the decline over the past month has been in line with the banks bearish outlook, there could be a case for purchases if the selloff deepens, according to analysts including Jeffrey Currie and Max Layton.
Date: Oct 09, 2016
Category: Business
Source: Google
Forget the S&P 500: Canadian stocks are poised to outperform this year
Earnings have been consistently revised down across regions, with recent positive earnings surprises coming primarily because of a low bar, added the team of strategists, which includes Christian Mueller-Glissmann, Jeffrey Currie and David Kostin.
It's premature to embrace "green shoots" in the market because the current rally in prices is being driven by temporary factors such as supply disruptions while longer-term problems of surplus capacity persist, Goldman Sachs analysts including Jeffrey Currie said in a research note dated April 22. O