Oil output cut deal aimed at inventories, not just raising prices – Goldman Sachs

12 December 2016, Bengaluru — Goldman Sachs said the formal agreement by non-OPEC oil producers this weekend in Vienna to help curb output was reached with a goal of “normalisation” of inventories and not necessarily just at raising oil prices. The Organization of the Petroleum Exporting Countries (OPEC) had previously agreed to cut output by […] More »