Goldman Sachs: ‘Stellar' demand may fast-forward OPEC’s exit – BBG

Bloomberg cites the key highlights from Goldman Sachs’ latest report on the oil-price forecasts:

Oil inventory overhang decline may prompt OPEC cut exit sooner.

Global stockpiles will remain below seasonal levels and continue to shrink through the second quarter of next year.

The market will have re-balanced by mid-2018, fast-forwarding OPEC’s exit from production cuts to the second half of the year.

Forecast for Brent crude left unchanged at $62 a barrel for 2018.