Goldman Sachs: Oil slide will not stop before USD 20

The bottom is still a long way off, warns US-based investment bank Goldman Sachs. The price could end as low as USD 20.

BY RITZAU FINANS

The price of oil has already plummeted dramatically and looks set to slide all the way down to USD 20 - but then no further, projects investment bank Goldman Sachs according to cnbc.com.

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Goldman Sachs: Oil slide will not stop before USD 20

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Front page now

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Kristian Siem predicts boom in offshore following a decade of hurt

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

Seven Seas: Customers' green ambitions and actions don't align

MSC chosen as strategic partner for ailing Spanish rail freight company

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

Jobs