Global Oil Supply

Commodity prices have been behaving irrationally, according to a Goldman Sachs Group Inc. (NYSE: GS) analyst, citing further unsustainable price increases. The Goldman Sachs Analysts: The analysts at Goldman Sachs originally issued a price target of $125 per barrel of oil in three months and $120...

Goldman Sachs analyst Damien Courvalin commented in a note that the possibility of $20 oil is "becoming greater." Courvalin's base case estimates for one, three, six, and 12 months oil forecasts (per barrel) are $38, $42, $40 and $45. Recent decline in oil prices have been...