Gulf oil output can rebound in months after Hormuz reopens: Goldman Sachs

Gulf oil output can rebound in months after Hormuz reopens: Goldman Sachs

Summary

The research wing of the investment bank estimated that Gulf output went down by 14.5 million barrels per day (mbd), or 57%, from pre-war levels.

Description

The research wing of the investment bank estimated that Gulf output went down by 14.5 million barrels per day (mbd), or 57%, from pre-war levels.

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