‘Staggering’: Goldman Sachs Says China’s Oil Demand May Never Fully Recover
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Goldman Sachs has made a prediction about china's oil demand, suggesting it may never fully recover. The firm also notes that a shift to electric vehicles in china could impact oil demand and prices. Other reports mention goldman sachs' views on the relative strength of china's economy compared to the us in handling oil shocks, but the specifics of their recession call and other related predictions are unclear.
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