The Traderszone Network

Published in TZ Latest News 18 November, 2015 by The TZ Newswire Staff

Goldman Sachs maintains outlook for $45 WTI; sees oversupply continuing well into 2016

Reuters with outlooks from Goldman Sachs:
– Says forecasts S&P GSCI total returns of -8 pct in 3 months, -4 pct in 6 months and -1 pct in 12 months
– Says in 2016, a slowdown in associated USĀ  natural gas production along with strong, broad-based demand growth will provide enough of a catalyst for prices to increase to $2.85/mmbtu on average