DIGITALLOOK | Oil at $20 Possible for Goldman as Forecasts Cut on Glut Bloomberg The global surplus of oil is even bigger than Goldman Sachs Group Inc. thought and that could drive prices as low as $20 a barrel. While it's not the base-case scenario, a failure to reduce production fast enough may require prices near that level to ... Goldman Sachs cuts Brent oil forecast; upgrades Total and BP Goldman Sachs cuts oil price forecast on oversupply; says $20 oil possible Goldman Sachs lowers 2015, 2016 oil price forecasts |