![An oil rig anchored in Scotland. The oil market is pivoting into a deficit in the second half of the year, Goldman Sachs says. PA](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/DJ3UU6SPD5VDL5HG5DTXJNY5HA.jpg?smart=true&auth=e897db13c888d006d921f9a109d6e4e9909aee5f5909dc25ee47de84620ae2dc&width=400&height=225)
An oil rig anchored in Scotland. The oil market is pivoting into a deficit in the second half of the year, Goldman Sachs says. PA
An oil rig anchored in Scotland. The oil market is pivoting into a deficit in the second half of the year, Goldman Sachs says. PA
Oil at $100 unlikely this year as deeper Opec+ cuts not expected, Goldman Sachs says
Deeper deficit required to push crude prices back to three figures