Goldman's Currie Still Bullish on Oil Into Next Year

Goldman's Currie Still Bullish on Oil Into Next Year

Assessment

Interactive Video

Business, Architecture

University

Hard

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Jeff Curry from Goldman Sachs discusses the current state of the oil market, highlighting a slight deficit in supply and demand recovery post-COVID-19. He notes that oil prices are slightly above fundamentals due to dollar weakness and sector rotation. The copper market is driven by strong Chinese demand and supply disruptions in Latin America. Gold prices are influenced by investment demand and inflation concerns.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the reasons behind the strong demand for copper despite the overall market conditions?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes in the copper market have occurred since the beginning of the year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the outlook for gold prices according to the recent analysis?

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