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Oil prices are heading to $40 if OPEC deal fails, Goldman Sachs warns - MarketWatch
MarketWatch | Oil prices are heading to $40 if OPEC deal fails, Goldman Sachs warns MarketWatch In a note dated Oct. 31, the Wall Street analysts said a coordinated deal to limit oil production is looking increasingly unlikely, “with weakening oil fundamentals warranting oil prices in the low $40s/bbl in our view if OPEC is unable to deliver a ... Oil may hit 'low-$40s' if OPEC fails to deliver quota deal: Goldman Sachs Oil poised to fall to $40 without OPEC agreement to freeze production – Goldman Goldman Warns: Oil Falls 10% If OPEC Deal Dies |
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