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Commodities Briefing - Categorized | Oil, Price Watch more

Goldman introduces 2013 crude oil price forecasts

Posted on 02 December 2011

Goldman Sachs introduced its 2013 Brent oil price forecast at $130 a barrel, saying crude oil prices will continue to rise in order to slow demand growth, even in a relatively poor economic growth environment.
The firm introduced a 2013 WTI price forecast of $126 a barrel, saying the WTI-Brent spread will likely compress further as the Seaway pipeline increases capacity to 400,000 barrels per day……………………………………….Full Article: Source


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