MarketWatch | Oil turns higher; Goldman, Kuwait raise production uncertainty MarketWatch In a note largely centered on iron ore, but which touched on other commodities, Goldman Sachs GS, -1.67% analysts said the current oil market is still oversupplied and prices have to remain lower for supplies to meaningfully shrink and rebalance. Oil edges lower after Kuwait dents hopes for output freeze Kuwait 'will commit' to oil freeze only if all major producers take part |