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FGE In The Media


Goldman slashes 3-month oil price forecast by $7.50

 

Goldman Sachs is slashing its three-month price forecast for WTI to US$47.50 a barrel from US$55, seeing output gains in Libya and Nigeria as jeopardizing OPEC’s efforts to reduce global inventories, so the cartel may have to cut deeper in order to prop oil prices.

 

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