Goldman Sachs slash 2019 oil price forecast from $70/b to $62.50/b

07 January 2019, Sweetcrude, Lagos — International investment, bank, Goldman Sachs, now says international benchmark Brent crude to average $62.50 a barrel this year, down from a previous forecast of $70. The new prediction was made in a research note published on Sunday amidst growing market supplies, and increasing U.S shale production. “We expect that … More »