Goldman Oil Price "Forecast": Lower Price By 2020

With the Middle East on the verge of flames, as Saudi Arabia is rumored to be working with Pakistan to acquire nuclear weapons and bluster from Iran’s military leaders openly discusses a coming apocalypse that will usher in a new religious world order, comes a prediction for the price of oil in the year 2020 from Goldman Sachs. Goldman oil prediction based on production improving among both shale and non-shale producers Saying that oil production, particularly due to U.S. shale extraction, will outpace demand amid slower economic growth, the Goldman Sachs report speculated that the price of oil will fall…