Goldman Sachs pump their oil price forecasts higher

Goldman Sachs raise their projections for WTI and Brent again. GS citing supply shortfalls. Say that Brent crude will need to average $135 / barrel in the back half of 2022 and into the first half of 2023 for inventory to normalise in H2 of 2023.

Goldman Sachs oil price forecast 07 June 2022

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