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Goldman eyes $20 oil as glut overwhelms storage sites - Telegraph.co.uk
Telegraph.co.uk | Goldman eyes $20 oil as glut overwhelms storage sites Telegraph.co.uk Goldman Sachs told clients that the increasing glut of oil on the market, together with mild weather due to an abnormally strong El Nino this winter, could send prices plummeting to $20 a barrel, the so-called 'cash cost' that forces drillers to ... Saudi Arabia urges oil investment Saudi Minister Calls for More Investment in Oil Production Saudi minister says country will work with OPEC, other oil producers to ... |
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