Fri, 09 Jan 2026 08:10:27 +0000

Worst sentiment toward oil in nearly a decade

📉🛢️ Worst sentiment toward oil in nearly a decade — Goldman Sachs 🔎 More than 59% of over 1,100 Goldman Sachs clients across multiple asset classes are bearish or moderately bearish on crude oil. According to the bank, this reflects the weakest market sentiment toward oil in almost ten years. Additional context from Goldman Sachs indicates that pessimism is being driven by concerns over slowing global economic growth,…