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The peace deal is in the price: Goldman Sachs lowers its oil-price target to market levels (opens original article in a new tab)

TL;DR

Goldman Sachs lowers its oil-price target to market levels, noting two-sided risks to oil price assumptions and the global economy's flexible adjustment to the largest oil production shock in history.

  • Goldman Sachs lowers oil-price target to market levels
  • Risks to oil price assumptions are two-sided
  • Global economy adjusted flexibly to largest oil production shock in history

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