Slugcatcher: Oil price recovery on the way, says Goldman Sachs

OIL’S fall, which has knocked 40% off the price over the past 12 months, could be coming to an end, if the latest analysis seen by Slugcatcher from Goldman Sachs is correct, potentially laying the foundations for share price recoveries later in the year.

15 May 2023
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The bank doesn't always get it right but on this occasion, it has cut through a thick layer of negative factors to reveal a path which sees oil rise by more than 25% by the end of the year taking the

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