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Goldman Sachs cuts oil forecasts; upgrades Total and BP

Published by Michele Maatouk on 11th September 2015

(ShareCast News) - Goldman Sachs cut its 2016 Brent oil price forecast to $49.5 a barrel from $62 and warned there is a risk prices could fall to as low as $20, noting that OPEC production has surprised sharply on the upside and Iran has the potential to ramp up in 2016.

URL: http://www.digitallook.com/dl/news/story/23291081/...

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