Home World News Goldman's Struyven: Hedge Crude's Swings with Diesel
World News

Goldman's Struyven: Hedge Crude's Swings with Diesel

Key Points

Daan Struyven, Goldman Sachs Co-Head of Global Commodities Research, discussed the market reaction to potential new US sanctions on Iran during a live financial news segment. He noted that oil prices experienced only a modest increase following the announcement, largely because the existing blockade on Iranian ports and oil exports is already restricting Iranian oil from reaching the market. He speaks with Romaine Bostick & Sally Bakewell on "The Close."

Daan Struyven, Goldman Sachs Co-Head of Global Commodities Research, discussed the market reaction to potential new US sanctions on Iran during a live financial news segment. He noted that oil prices experienced only a modest increase following the announcement, largely because the existing blockade on Iranian ports and oil exports is already restricting Iranian oil from reaching the market. He speaks with Romaine Bostick & Sally Bakewell on "The Close." (Source: Bloomberg)
Goldman's (ORG) Hedge Crude's (PERSON) Goldman Sachs Co-Head (ORG) Global Commodities Research (ORG) US (LOCATION) Iran (LOCATION) Iranian (ORG) Romaine Bostick & Sally Bakewell (ORG)
Originally published by Bloomberg Markets Read original →