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Published 2 years ago

Markets are pricing in 'unsustainable contradiction' when it comes to low commodity price outlook, says Goldman

Summary by Ground News
Commodity markets are pricing in an "unsustainable contradiction," says Goldman Sachs. Investors are expecting a slowdown in global growth to lower demand and add additional supply. The restocking scramble would exacerbate scarcity, pushing prices substantially higher this autumn, it says. The International Energy Agency says the summer heat wave has been boosting oil demand.

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Markets are pricing in 'unsustainable contradiction' when it comes to low commodity price outlook, says Goldman

2 years ago
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