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Oil Dips on China Covid Woes, But Goldman Still Bullish On Market Prospects by Ship & Bunker News Team Friday January 22, 2021 The one-two punch of U.S. crude inventories resulted on Friday in a price decline of two key oil benchmarks. Brent dipped 86 cents, or 4.4 million barrels in the most recent week, compared to expectations for a 1.2 million barrel draw; Tony Headrick, energy market analyst at CHS Hedging, pointed out that Crude oil exports did fall quite dramatically, which is the main reason for a decent build overall in crude stocks. “ Mark Oberstoetter, research director, Wood Mackenzie Still, Goldman Sachs on Friday struck an optimistic tone by pointing out that the new U.S. administration s plans for huge fiscal spending and little urgency to lift sanctions on

United statesWhite houseDistrict of columbiaBijan zanganehTony headrickMark oberstoetterWood mackenzieJoe bidenRystad energyOil dips on china covid woesOil dipsChina covid woesGoldman still bullish on marketWest texas intermediateGoldman sachsChaim israel