Wednesday, October 7, 2015| Latest E-book
You are here: Home » Topics » » Goldman Sachs » Videos

Chairman's Statement - 42nd St. Gallen Symposium

Lord Griffiths of Fforestfach (GB) Vice Chairman, Goldman Sachs InternationalFor the 14th time, Lord Griffiths of Fforestfach leads through the programme of the St. Gallen Symposium's opening day.

Goldman Sachs' crude outlook: Oil may slip to $20/bbl on Chinese concerns, supply glut

Sep 12, 2015    

Oil prices fell on Friday after Goldman Sachs said a global surplus could drive prices to as low as $20 a barrel. The investment bank cited over-supply and concern about the health of the Chinese economy.While that wasn't the base-case scenario, failure to reduce production quickly might require prices near that level to clear the oversupply, it said in a report. "The oil market is even more oversupplied than we had expected and we now forecast this surplus to persist in 2016," Goldman analysts, including Damien Courvalin, wrote in the report. "We continue to view US shale as th...

Read More