Goldman Slashes Oil Forecasts as New Supply Seen Plentiful
An oil pipe sits in the turntable assembly on a drilling rig in an oilfield. (Photographer: Andrey Rudakov/Bloomberg)

Goldman Slashes Oil Forecasts as New Supply Seen Plentiful

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(Bloomberg) -- Goldman Sachs Group Inc. cut its oil price forecasts for 2019, citing a re-emerging surplus and resilient U.S. shale production.
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