02.12.2011 - Goldman introduces 2013 crude oil price forecasts

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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