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Goldman Sachs maintains outlook for $45 WTI; sees oversupply continuing well into 2016

Discussion in 'Market News' started by ForexLive, Nov 19, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Reuters with outlooks from Goldman Sachs: - Says forecasts S&P GSCI total returns of -8 pct in 3 months, -4 pct in 6 months and -1 pct in 12 months - Says in 2016, a slowdown in associated US natural gas production along with strong, broad-based demand growth will provide enough of a catalyst for prices to increase to $2.85/mmbtu on average

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