Why the ‘great de-stocking’ in oil and commodities could pave the way for future gains
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Oil and commodity prices have fallen this year amid unprecedented declines in inventories. But this “great de-stocking” could also pave the way for strong gains if the economy avoids a recession given solid fundamentals and overall demand, explains Jeff Currie, global head of commodities in Goldman Sachs Research.
Why the ‘great de-stocking’ in oil and commodities could pave the way for future gains