Goldman Sachs energy analysts suggested to clients that worldwide surge in wholesale natural gas prices and wholesale power, coupled with colder winter could push crude oil demand up by +900,000 bpd and lead to $5 per barrel increase during the 4Q 2021 from current crude price levels.

Goldman Sachs energy analysts suggested to clients that worldwide surge in wholesale natural gas prices and wholesale power, coupled with colder winter could push crude oil demand up by +900,000 bpd and lead to $5 per barrel increase during the 4Q 2021 from current crude price levels.