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As China reopens, what’s ahead for commodities in 2023?

Goldman Sachs Exchanges

CHAPTER

Commodity Outlook for 2023

There are a lot of moving parts on both the supply side and the demand side. China was a recession, but it feels like a lot of those negative factors are starting to reverse. The net of this, we'd expect oil demand to rebound somewhere between 1.5 and potentially 1.82 million barrels per day in 2023.

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