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Goldman Sachs is very bearish on crude oil prices. The bank has cut its 2016 forecast to $45 a barrel from $57—and it’s leaving open the possibility that prices could go much lower than that.
Goldman Sachs is very bearish on crude oil prices. The bank has cut its 2016 forecast to $45 a barrel from $57—and it’s leaving open the possibility that prices could go much lower than that.
3 comments:
WOOHOO!
The AOW household heats with oil. And we have an energy-efficient heating system as well.
And what of the OPEC nations such as Saudi? **smile**
Deflationary bust to follow. Hey, every silver lining has a touch of grey.
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