9.11.2015

I don't understand…

Oil falls more than 2 percent after banks cut forecasts | Reuters

"Oil prices fell more than 2 percent on Friday after Goldman Sachs and Germany's Commerzbank both slashed their crude forecasts, citing oversupply and concerns over China's economy."

Why anybody pays any attention at all to what Goldman Sachs says anymore but in this case, I’m glad they do.

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