What’s going on? The oil price is expected to increase substantially sooner than Goldman Sachs thought. What does that mean? Demand for oil has finally started rebounding from 2020, with price increasing by more than 20% this year. But Goldman thinks that it’s only the beginning: it will rise another 20% by Q3. Some reasons:…
Tag: crude oil
Ep 81: Vietnam’s industrial growth is slowing down
Industrial GDP in the fourth quarter of 2019 increased by only 7.92%, much lower than that of the third quarter (10.42%) and the first 9 months of 2019 (9.56%). Growth of metal ore mining cannot make up for the whole mining industry Growth of the mining industry decreased by 0.92% in the fourth quarter of 2019. Crude…
