Goldman: Oil Prices Won’t Reach $80

Oil prices soared in recent days, with Brent rising to its highest point since early November. The tightness in the market is real, but prices may not increase a whole lot more from here. “We don’t think you’re going to get back to those $80 levels again, so you’ve got some modest upside here,” Goldman Sachs’ head of commodities research, Jeff Currie, told CNBC this week.

Source: Goldman: Oil Prices Won’t Reach $80

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