US Stimulation and Continued Sanctions Against Iran Supporting Oil Prices
US Stimulation and Continued Sanctions Against Iran Supporting Oil Prices
(Reuters) – The new administration’s plans for large budget spending and the lack of urgency to lift sanctions on Iran are constructive for oil and gas prices, Goldman Sachs said Thursday. “We estimate that a $ 2 trillion stimulus in 2021-2022 … would boost US demand by about 200,000 barrels per day,” the bank said […]
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