Commodity Intelligence Blog (CIB) honored in Bloomberg's Commodity Forecast Rankings
In the dynamic world of commodities forecasting, the Global Market Commodities business line of Goldman Sachs has once again proven its mettle. The team, based in London and Paris, has been lauded for its exceptional work in the Henry Hub natural gas forecasts of 2021.
Marc Mourre, Chairman of the Global Market Commodities business line, extended his heartfelt congratulations to the team. He praised their analytical work, which he believes delivers invaluable insights.
The team's success in the Henry Hub natural gas forecasts was not a one-off event. Joel Hancock, Oil Market Analyst, and Bernard Dahdah, Senior Commodities Analyst, both ranked second overall for the Henry Hub natural gas forecasts in 2021. Moreover, Bernard Dahdah was also second in the rankings for Aluminium, Copper, and Iron Ore.
Joel Hancock acknowledged that 2021 was an incredibly dynamic year for the natural gas markets. Being recognized for the accuracy of their forecasts was very satisfying, he said. Similarly, Bernard Dahdah expressed his delight at being ranked second in the Henry Hub natural gas forecasts for 2021.
The forecast accuracy provided by the commodities research team supports CIB clients and helps provide a differentiated service. The team's focus on the Henry Hub natural gas market in 2021 demonstrates their commitment to delivering comprehensive coverage across the energy and metals complex.
The success of the Goldman Sachs commodities research team in the Henry Hub natural gas forecasts reinforces their reputation as a leading provider of commodities analysis and forecasting. Forecasters in the survey are ranked by error margin, timing, and directional accuracy, making the team's achievement even more impressive.
In conclusion, the Goldman Sachs commodities research team's success in the Henry Hub natural gas forecasts in 2021 is a testament to their expertise and dedication. Their analytical work not only supports their clients but also sets a high standard in the field of commodities forecasting.
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