Advertisements

Global Markets: “Oil shortage coming in 2020s” – Goldman Sachs

The oil market may be oversupplied now, but Goldman Sachs says a shortage is coming in the 2020s.

“In the 2020’s we are going to have a clear physical shortage of oil because nobody is allowed to fully invest in future oil production,” Michele Della Vigna, Head of EMEA Natural Resources Research at Goldman Sachs told CNBC Friday.

Advertisements

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: