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GOLDMAN: On Friday, we witnessed the 'first sign' of a major turn in US oil ... - Business Insider
Business Insider | GOLDMAN: On Friday, we witnessed the 'first sign' of a major turn in US oil ... Business Insider "We believe that should West Texas Intermediate crude oil prices remain near $60/bbl, US producers will ramp up activity given improved returns with costs down by at least 20%," the Goldman analysts said. "Last week's rig count is a first sign of this ... Oil drops 2.5% amid signs US drillers ready to turn on the taps Crude oil is getting smoked. |
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