Goldman's Commodities Trading Desk Mint Billions Again

Goldman Sachs has postponed its staff's return to the office to February 1st due to the Omicron variant, aligning with other Wall Street banks. The bank's commodities trading desk has experienced a resurgence, generating over $2.2 billion in revenue in late 2021, marking its best performance in a decade. Energy traders have particularly thrived, benefiting from high returns on energy commodities. Jeff Curry, a senior analyst at Goldman, predicts a potential super cycle for energy futures, drawing parallels to past market booms.

What is the new return date for Goldman Sachs staff to the office?

How has the performance of Goldman Sachs' commodities trading desk changed recently?

What was the revenue generated by Goldman Sachs' commodities unit in the final months of 2021?

What factors contributed to the resurgence of Goldman Sachs' commodities trading?

What is the significance of Jeff Curry's predictions regarding energy futures?