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Stock impact report

Oil Set to Notch Weekly Gain as Stockpile Draw Encourages Bulls [Yahoo! Finance Canada]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Most Read from Bloomberg Brent, which was steady above $85 a barrel, has risen more than 3% this week, while WTI traded near $81. Crude stockpiles fell 2.2 million barrels, defying a forecast for an expansion by the American Petroleum Institute. Consumption of products like gasoline, diesel and jet fuel also showed signs of improving. ADVERTISEMENT Other bullish signs include a forecast from the American Automobile Association for a record 71 million Americans to travel over the US Fourth of July holiday period. Metrics for global benchmark Brent are also flashing signs of strength, with the prompt spread in the widest backwardation since April. Crude has risen this month, recovering sharply after OPEC+ said that a plan to bring some barrels back to the market was conditional. Banks including Goldman Sachs Group Inc. have said they expect global oil consumption to run ahead of supply, pulling stockpiles lower and supporting prices. Still, given that crude has risen so quick Show less Read more
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