14.09.2015 - Oil prices could fall to $20 a barrel says Goldman Sachs - as it happened
Oil prices have declined after Goldman Sachs suggested that prices could fall as low as $20 because of a global glut of crude. Investors ignored a report from the International Energy Agency that said supply was tightening, as expensive oil producers left the market, in an apparent win for the Opec cartel. Germany’s finance minister has stepped up warnings that economies cannot rely on central banks alone and must undertake difficult structural reforms. Although he didn’t mention the European Central Bank and its €1 trillion bond-buying programme, most people knew the bank he had in mind...............................................Full Article: Source
Print