Goldman's Struyven: Hedge Crude's Swings with Diesel
Daan Struyven, Goldman Sachs Co-Head of Global Commodities Research, discussed the market reaction to potential new US sanctions on Iran during a live financial news segment. He noted that oil prices experienced only a modest increase following the announcement, largely because the existing blockade on Iranian ports and oil exports is already restricting Iranian oil from reaching the market. He…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
