Oil price news: Oil swings as risk-off mood vies with increased Iranian threats [BNN Bloomberg (Canada)]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: BNN Bloomberg
West Texas Intermediate settled little changed below US$83 a barrel after swinging between gains and losses in nearly a $2 range, ultimately leaving crude near the three-week low it reached on Wednesday. Geopolitical risks lingered, with Iran warning Israel against attacking its nuclear facilities, threatening to respond in kind if its atomic sites are targeted. At present, oil is carrying a premium of $5 to $10 a barrel because of geopolitical tensions, but futures may fall without escalation, Goldman Sachs Group Inc. said. Still, crude's recovery remains hampered by broader financial market sentiment as the U.S. dollar's strength makes commodities priced in the currency more expensive. The fundamental picture also is cloudy, and futures dropped on Wednesday after U.S. crude inventories rose by 2.7 million barrels last week while fuel demand declined. Despite the recent dip, oil remains comfortably higher year to date as supply cuts by OPEC+ members underpin a market that's be
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GS
Earnings
- 4/15/24 - Beat
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Sec Filings
- 5/1/24 - Form 424B2
- 5/1/24 - Form 424B2
- 5/1/24 - Form 424B2
- GS's page on the SEC website