[redneck]

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Goldman Sachs: Upside Risk In Oil Is “Tremendously High”

https://oilprice.com/Energy/Crude-Oi...usly-High.html

“And that applies more today than it did two weeks, three weeks ago, because we’ve just seen exodus of money from the space…investment continues to run from the space at a time it should be coming to the space,” he said.

“Ultimately, remember, the only way of solving these problems is to increase investment, so we stick to our guns of oil prices moving into the summer up into $140 a barrel range given record-level cracks, and that’s going to be a lot more upside to product prices,” Goldman’s Currie told CNBC.

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