October 24, 2021

Goldman Sachs: Oil may fall to $20 as global surplus expands

Pin It

From Newsmax The global surplus of oil is even bigger than Goldman Sachs Group Inc. thought and that could drive prices as low as $20 a barrel. While it’s not the base-case scenario, a failure to reduce production fast enough may require prices near that level to clear the oversupply, Goldman said in a report […]