Goldman Sachs on oil price

[dan_s]

This morning Goldman's head commodity strategist Jeff Currie writes that commodities are the best performing asset class of 2018, and echoes the bank's recent enthusiasm on the asset class, saying "the strategic case for owning commodities has rarely been stronger." The reasons for Currie's enthusiasm, as we discussed previously, are straightforward: https://www.zerohedge.com/news/2018-05- ... -recession

[dan_s]

https://www.investing.com/analysis/stre ... -200311677

Technical pattern (at link above) and supply/demand fundamentals indicate lots of upside for oil price.