| 21.05.2012 - Goldman: Why oil prices are heading higher |
| On February 22, the commodities team at Goldman Sachs initiated a long trading recommendation on WTI crude at $107.55 a barrel. It's been a rough few weeks for anyone who took that advice – oil closed out this past trading week at $91.48, down 15 percent from the time of the recommendation as uncertainty in Europe has stoked fears of a significant slowdown in global growth looming ahead...............................................Full Article: Source |