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Commodities Briefing - Categorized | Oil, Trends more

Goldman sees ‘new oil order’ on rising US demand

Posted on 09 December 2013

The oil market is on the cusp of a new cycle, Goldman Sachs said on Friday, with demand in the US growing at a faster pace than in emerging economies such as China and India for the first time in a decade.
That’s likely to have profound implications for how oil markets operate, Jeffrey Currie, Goldman’s influential chief commodity analyst wrote in a note, which says there will be a “new oil order”………………………………………..Full Article: Source


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