GOLDMAN Sachs: South Sudan Can Fill The Iranian Oil Export Shortfall
The shortfall in Iranian crude oil exports brought on by sanctions from the Western world against Iranian oil has “substantially exceeds” the Goldman Sachs energy team’s expectations. Commodities analysts David Greely And Stefan Wieler write in a note to clients that weakness in Iranian crude exports could continue throughout the second half of the year, restraining supply and thus keeping prices elevated.
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