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Goldman Sachs analyst Yulia Zhestkova Grigsby assessed, in a note why Persian Gulf oil exports have returned to last year’s levels, yet crude prices remain elevated because of a large risk premium. The bank estimates Gulf exports, including so-called dark exports, recovered to 23.3 million barrels a day over the past week, in line with ...
Why are oil futures still so high if Middle East exports have recovered?
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