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Benzinga
Benzinga
Business
Adam Eckert

Goldman Sachs, Morgan Stanley Agree — Now Is The Time To Buy Oil

As recession fears continue to circle the broader markets and stocks remain volatile amid Fed uncertainty, analysts from Goldman Sachs and Morgan Stanley have highlighted an opportunity in oil.

Goldman Sachs Thesis: Fears of an impending recession have grown "excessive," according to Goldman Sachs. As a result, the firm sees an opportunity in commodities amid recent weakness. 

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