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Goldman Sachs still bullish oil - adverse scenario, Brent fair value $120-110 in 2H22-2023

Goldman Sachs still bullish oil - adverse scenario, Brent fair value $120-110 in 2H22-2023
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Oil Price: Why Crude Could Rise Further and Stay High: UBS

Oil Price Outlook: $70 WTI Crude Seen If Russia-Ukraine Tensions Ease

WTI oil this year has bounced above $93 a barrel on geopolitical tensions and strong demand, and a drop to $70 would mark a more than 20% decline.

Oil, Gas, And Fracking News Reads: 11April 2021

Here are some more selected news articles for the week ending 10 April 2021. Go here for Part 1. This is a feature at Global Economic Intersection every Monday evening or Tueday morning. Please share this article - Go to very top of page, right hand side, for social media buttons. Bakken crude to be rerouted in every direction if DAPL shuts | S&P Global Platts - Bakken Shale crude oil volumes would ship to the west, east and even up north into Canada and back into the US again as producers and pipeline operators target alternative routes if the Dakota Access Pipeline is shuttered, even temporarily, according to industry sources. A federal court could decide as soon as April 9 whether the Bakken Shale s main crude artery is forced to close, dispersing the volumes from the four-year-old, 570,000 b/d pipeline to other existing pipelines, lightly used crude-by-rail networks, and trucking routes, and widening Bakken crude price discounts. If the Energy Transfer-operated pipeline is o

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