{"id":304834,"date":"2019-12-10T10:38:58","date_gmt":"2019-12-10T05:08:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=304834"},"modified":"2019-12-10T10:38:58","modified_gmt":"2019-12-10T05:08:58","slug":"goldman-raises-oil-forecast-on-opec-output-cuts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/goldman-raises-oil-forecast-on-opec-output-cuts\/","title":{"rendered":"Goldman raises oil forecast on Opec output cuts"},"content":{"rendered":"<p>Goldman Sachs raised its oil price forecasts for 2020, citing tighter-than-expected inventories after the Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed to deepen oil output cuts through the first quarter of next year.<\/p>\n<p>&#8220;We are increasing our forecast for backwardation in 2020 although our long-term marginal cost forecast remains unchanged,&#8221; Goldman analysts wrote in a note dated Dec. 6.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goldman Sachs raised its oil price forecasts for 2020, citing tighter-than-expected inventories after the Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed to deepen oil output cuts through the first quarter of next year. &#8220;We are increasing our forecast for backwardation in 2020 although our long-term marginal cost forecast remains unchanged,&#8221; Goldman analysts wrote in a note dated Dec. 6.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-304834","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=304834"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304834\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=304834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=304834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=304834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}