Oil prices may be dropping, but oil is still headed for $140 per barrel, Goldman Sachs said on Thursday, and could even hit $140 in the face of a recession.
“$140 is still our base case because, unlike equity, which are anticipatory assets, commodities need to solve for today’s mismatched supply and demand,” energy analyst Damien Courvalin said, who compared today’s market to the recession in 2008.
At that time, oil prices rallied even during the ...

Energy equities are experiencing strong selling pressure as crude prices drop
The oil market is currently going through one of the most turbulent periods since the infamous March 2020 collapse, as investors continue to grapple with recessionary fears. Oil prices have continued sliding in the wake of the central bank deciding to hike the interest rate by a record-high 75 basis points, with WTI futures for July settlement were quoted at $104.48/ba...

speculative

Yoooooo mooers,
After two exciting rounds of the games, we finally came to the final round of the Easter Contest. The difficulty of the 3rd round is significantly upgraded. The answers to this round's puzzles are financial terms. Join and show them your talent!
Here are several scenarios indicating common financial terms. There is only one correct answer for each puzzle.
Scenario 1:
You found that the price of a commodity in Singapo...