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Oil output cut deal aimed at inventories, not just raising prices – Goldman Sachs

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Oil output cut deal aimed at inventories, not just raising prices – Goldman Sachs
12 December 2016, Bengaluru — Goldman Sachs said the formal agreement by non-OPEC oil producers this weekend in Vienna to help curb output was reached with a goal of “normalisation” of inventories and not necessarily just at raising oil prices. The Organization of the Petroleum Exporting Countries (OPEC) had previously agreed to cut output by […] More »
Oil output cut deal aimed at inventories, not just raising prices – Goldman Sachs Oil output cut deal aimed at inventories, not just raising prices – Goldman Sachs Reviewed by Crude Oil Facilitators on 14:04 Rating: 5

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