Why the ‘great de-stocking’ in oil and commodities could pave the way for future gains
Goldman Sachs Exchanges
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The Upside of Oil Prices in the Summer
Our target on oil is to finish this year at $97 a barrel. The upside here I think is substantial, and we see it moving back over $100 a barrel in April of next year. If you actually have to ask me to choose between the two, I'm going to take oil over copper. It's running on fumes right now. There's not much copper left in any of the storage facilities."
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