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Goldman Sachs and OPEC: Oil prices could crater to around $20 per barrel in 2016 - Business Insider
Business Insider | Goldman Sachs and OPEC: Oil prices could crater to around $20 per barrel in 2016 Business Insider The oversupply in the oil market is killing prices, and it's only set to get worse in 2016. Oil prices are over 50% lower than they were last year, but according to Goldman Sachs and an OPEC official, oil could crater to near $20 per barrel in 2016 ... Cut Oil Supply or Drop Riyal Peg? Saudis Face 'Critical' Choice Epic oil glut sparks super tanker 'traffic jams' at sea US oil plunges over 3 per cent on strong dollar, supply glut |
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