Goldman Sachs are optimistic about global oil demand

3 Apr 2018 03:12 PM

Goldman Sachs' comments on the oil market were as follows:

  • We expect global demand to rise by 1.8 million barrels per day against expectations of an increase of 1.4-1.6 million barrels per day.
  • US crude oil production is expected to rise by 0.2-0.3 million bpd during the quarter through 2018.

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