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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 ....