KHOU | Goldman Sachs report: Oil headed to $20 a barrel KHOU There are too many big financial players that have been buying up oil they would just start buying up the companies and shutting down production themselves." According to Hins, 94-million barrels of oil are produced every day. Currently there is just ... Why oil prices have scraped the bottom of the barrel Oil could plunge to $20 in doomsday scenario, Goldman says Saudi Arabia doesn't see a need for an oil producer summit to defend prices |