Counterpoint to Goldman Sachs Chief Commodity Strategist
By EconMatters I would be surprised Today Jeff Currie, Goldman Sachs chief commodity strategist put forth some comments regarding the Oil market. Jeff Currie from Frankfurt said he wouldn’t be surprised “if we woke up in summer and [Brent] oil cost $150 [per barrel]". Oil high established 1st Quarter The counter argument to that statement would be the following: Brent has put in its high for the year in the first quarter the past two years, and actually put in the low for the year in the summer. The reason that oil has put in the high of the
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