Goldman Says Doha Oil-Freeze Talks Won't Hold Bullish Surprises

  • Freeze deal will not speed up market rebalancing, bank says
  • OPEC supply could rise by 500,000 b/d even after freeze pact

Oil Retreats Following Largest Jump in Two Months

A meeting of oil producers in Doha this month to discuss freezing crude production will do little to boost prices, and may even cause them to fall, according to Goldman Sachs Group Inc.

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