Goldman Sachs say they are optimistic on global oil demand

Latest oil note from GS published a little earlier 3 April

  • assuming 1.8mln bpd vs consensus of 1.4-1.6mln bpd
  • sees US oil production rising by 0.2-0.3mln bpd per quarter during 2018
  • investor focus on stock-specific execution

One for you oil traders and GS followers.

WTI currently $63.19 Brent $67.72 both near session lows

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