Wednesday, April 9, 2025
Goldman on how the ‘largest economic shock of our lifetimes’ will permanently alter energy markets-oil and gas 360

Goldman on how the ‘largest economic shock of our lifetimes’ will permanently alter energy markets

CNBC The coronavirus pandemic will likely be a “game-changer” for energy markets, according to analysts at Goldman Sachs, with carbon-based industries such as oil thought to be sitting “in the cross-hairs.” A global health crisis has meant countries around the world have effectively had to shut down, with many governments placing massive restrictions on the daily lives of hundreds of millions

Column: Hedge funds trim short oil positions as prices hit crisis point- oil and gas 360

Column: Hedge funds trim short oil positions as prices hit crisis point

Reuters LONDON – Hedge funds began trimming short positions in petroleum last week as crude oil prices fell to crisis levels for some producers and refiners and traders started to anticipate shutdowns at oilfields and refineries. Extreme high and low prices are usually fleeting because they are dynamically unstable and contain the seeds of their own destruction, forcing large and