The Week UK | Oil price will get close to $60 in early 2017, says Goldman Sachs The Week UK Earlier this year, Goldman Sachs sensationally predicted the oil price could slump to as low as $20 a barrel as entrenched oversupply wreaked havoc on the market. It was almost proved right, too, as oil sunk to well below $30 a barrel in February. But ... In Oil Face-Off, Saudis, Shale Both Claim Victory Libya and Nigeria oil sales to test global production deal Oil prices settle flat despite rising dollar, trade volatile |