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Goldman Sachs identified 15 emerging market stocks that are expected to benefit from increasing oil prices

Princess Tarfa

In recent weeks, Goldman Sachs has increased its oil price outlook and listed several global stocks it expects will benefit from the crude recovery.

Analysts at the investment bank named a slew of lesser-known stocks poised to profit from these market dynamics, especially in less saturated markets, in a note released last week.

In one area in particular, where stock markets and consumer sentiment are "highly correlated" with oil markets, they see "tailwinds" for corporate earnings and share price performance.

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