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Goldman Sachs Strategist Warns Drained Oil Inventories Will Keep Prices Elevated Long After Hormuz Reopens
A sharp drawdown in global oil inventories has left the market without its usual shock absorber, and Goldman Sachs strategist Ephraim Sutherland says...
FeaturedFinanceINDUSTRY news
Rising Oil Prices Cloud U.S. Growth Outlook as Labor Market Stalls, Analysts Warn
The bank’s March economic outlook trims consumer spending forecasts and raises inflation expectations amid the Iran-driven energy shock, while still projecting the expansion...
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PG&E Bets Big on AI Boom With $73 Billion Grid Overhaul
California utility plans massive infrastructure investment as data centers strain power networks Pacific Gas & Electric is embarking on one of the most...
