Goldman Sachs on oil price: Keeps outlook of $45 to $50 through to this time next year

Goldman Sachs on oil

• Maintains oil outlook $45 to $50 through next summer


• Says an OPEC and non-OPEC output freeze agreement is possible


• OPEC freeze, dollar insufficient to support oil price further


• Supply will drive price, demand is not seen as weakening

Headlines via Bloomberg

(ps. I'm guessing the price range is for WTI)

Goldman Sachs on oil price: Keeps outlook of to through to this time next year
Goldman Sachs on oil price: Keeps outlook of to through to this time next year
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