Reuters | Oil rises on Goldman forecast, signs producers complying with cuts Reuters "We're up today because Goldman Sachs bumped up its oil estimates and the Russians said their oil companies would reduce output," said Phil Davis, managing partner of venture capital fund PSW Investments in Woodland Park, New Jersey. US crude settles at $51.90, up $1 a barrel, on signs producers will comply with output cuts Oil Rises As Markets Regain Faith In OPEC Deal Oil rises on Goldman Sachs forecast, signs of output cut compliance |