Oil steady; signs Middle East tensions easing offset higher demand forecasts

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Go back to Oil steady; signs Middle East tensions easing offset higher demand forecasts

3 reasons to go long commodities in 2024, according to Goldman Sachs

November 14, 2023 10:53 AM UTC

In a note to clients this week, Goldman Sachs said investors should go long commodities in 2024 as they expect prices to rise.

The firm outlined three reasons for its view: Higher spot commodity prices, strong carry, and the ability to hedge value against geopolitical supply... More