Forbes | Oil Production In US To Soar Again, Says Investment Banker Forbes Amid the more than two-year long global oil supply glut, mostly attributed to U.S. shale oil production, and corresponding drop in oil prices of more than 60%, investment baking firm Goldman Sachs is forecasting that U.S. oil production is resilient ... Oil prices slide more than 1% after Iran, Saudis douse hopes for production deal Saudis, Iran dash hopes for OPEC oil deal in Algeria Iran Doesn't Want Oil Deal in Algiers, Won't Freeze Output |