July 02, 2020 at 12:09AM
Goldman Sachs expect the oil price to continue higher into 2021
Crude outlook for the months ahead from GS, their forecast is for Brent to average $55/bbl by next year.
– GS cite demand to increase for gasoline and other fuels as reopenings increase around the world.
GS do add that further outbreaks of cov1 COVID-19 are a risk to this.