March 2 (Reuters) - Goldman Sachs Commodities Research has raised its forecast for returns on commodities to 15.5% over the next 12 months and said they remained the best inflation hedge.The Wall Street bank also forecast returns of 6.2% and 15.1% on commodities over three- and six-months respectively on the S&P/GSCI Goldman Sachs Commodity Index (GSCI) in a note dated Monday.Spot-priced commodities have benefited from higher-than-anticipated economic activity as it has created sharp deficits regardless of the growth rate, Goldman said.
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Looks Like We Made It - Propane and the 2021 Deep Freeze; Where Are We Now? Here in Texas, the snow is melting, the power is back on, and some of us even have drinkable water. We ll be dealing with the aftermath of the 2021 Deep Freeze for months, and talking about the insane natural gas and power prices for as long as gas and power markets exist. One thing you have not heard much about during these crazy few days is propane. And given what we ve been through, no news is good news. Sure, it was impossible to exchange a tank at the local Quickie Mart, and there were sporadic reports of delayed propane deliveries and local shortfalls. But even up in the coldest Midwest states, there were no market me
Goldman Sachs Commodities Research raised by $10 its Brent crude oil price forecasts for the second and third quarters of 2021, citing lower expected inventories, higher marginal costs to restart upstream activity and speculative inflows. The Wall Street bank expects Brent prices to reach $70 per barrel in the second quarter from the $60 it .
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Goldman Raises Q3 Oil Price Forecast to $75bpd thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.