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Goldman Sachs Strategist Warns Drained Oil Inventories Will Keep Prices Elevated Long After Hormuz Reopens

June 17, 20263 Mins read413
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A sharp drawdown in global oil inventories has left the market without its usual shock absorber, and Goldman Sachs strategist Ephraim Sutherland says that buffer will take months to rebuild even if Middle East supply routes reopen, keeping crude prices high through the back half of 2026. Oil prices are likely to stay elevated for […]

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