Reported 4 months ago
Goldman Sachs analysts predict a bullish outlook for the oil market, with expectations of rising demand until 2034 and beyond. The recent oil price hike may lead to increased gasoline and flight prices for consumers. Refinery sector optimism is also highlighted, with an anticipated surge in profit margins and recommended stocks including HF Sinclair (DINO), Marathon Petroleum (MPC), and Phillips 66 (PSX).
Source: YAHOO