Goldman Sachs Pours Cold Water on Talk of $100 a Barrel Oil
- Another supply catalyst needed to push prices higher: analysts
- Bank sees Brent crude back in $70-$80 range end-year
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Oil at $100? Not so fast, says Goldman Sachs.
The bank’s analysts said in a note Tuesday that "another supply catalyst beyond Iran would likely be needed for prices to meaningfully break to the upside."