Oil demand growth to remain solid in 2024, Goldman Sachs forecasts Brent at $92/bbl

<p>Snippet from Goldman Sachs on oil:</p><ul><li>Oil demand growth will likely remain solid</li><li>Core OPEC supply to remain low in 2024</li><li> GS expect supply growth outside core OPEC to slow down in 2024, especially in the US</li><li>postpandemic easing in supply constraints and higher-than-expected oil supply from certain sanctioned economies are one-off factors and unlikely to further boost supply growth</li><li> recent oil slump is due to supply surprise </li><li>forecasts Brent crude oil to average USD 92/bbl in 2024</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.