Financial Times | Oil Gets Back in the Groove as Goldman Leads Bullish Forecasts Bloomberg Oil shook off some of the pessimism that struck the market in the past few days to post its best gain in a week as forecasters paint a rosier picture for supply and demand. Futures settled 1.7 percent higher in New York as Goldman Sachs Group Inc. sees ... Shale powers US oil output to heights of 1970 US oil production tops 10 million barrels a day for first time since 1970 JP Morgan: Oil Could Hit $78 Within Months |