Person: Damien Courvalin

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

Oil gushes as Goldman Sachs sees glut vanishing

Oil climbed to a six-month high as Goldman Sachs said the market moved into a deficit earlier than expected following supply disruptions in Nigeria and an increase in demand.

Tue, 17 May, 2016

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Oil price advances as Iran backs production freeze

Crude oil extended gains after Iran said it supported a proposal by Saudi Arabia and Russia that would freeze production at near-record levels, without saying whether it would curb its own output.

Thu, 18 Feb, 2016

Oil could slump to $20 a barrel

Oil deepened its weekly decline as Goldman Sachs Group said a global supply surplus could force prices to $20 a barrel. Futures fell after two weeks of gains. Goldman said yesterday the world’s oil glut is even bigger than it thought.

Sat, 12 Sep, 2015