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WTI $60.12 — noon Monday
From the Tank Tiger
Last week, Goldman Sachs decided to “make the call”, stating its expectation that global oil demand will recover to pre-pandemic levels of 100 million bpd later this summer. Crude prices rose 9% on the week to $56.85 per barrel as gasoline prices reached their highest level in a year. The combination of constrained supply and a forecast of increasing demand means that if you…