Goldman: Yemen, Iran deal to have little impact on oil supply

Goldman: Yemen, Iran deal to have little impact on oil supply • 4:01 AM

Yoel Minkoff, SA News Editor
Saudi Arabian-led strikes on Yemen and a potential nuclear deal with Iran would have little near-term impact on oil supplies, Goldman Sachs said in an overnight note to clients.
“We expect both events to have negligible near-term supply impacts, with the build in crude inventories set to continue in 2Q15. Longer term, a deal with Iran could lead to greater OPEC supplies although the timing of the sanction relief remains uncertain,” the firm stated.
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