December 9, 2021

Goldman slashes 2015 oil price forecast as output tops demand

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From Newsmax Goldman Sachs has slashed its 2015 oil price forecasts, making it the most bearish among major financial institutions, following a near 25 percent fall in crude prices over the past five months. The U.S. investment bank said rising output will outstrip demand — and its new numbers weighed further on benchmark Brent crude […]