USA / OIL : Super Bullish Goldman Sachs Slashes Brent To $110 for 2013.

http://in.reuters.com/article/2012/10/18/goldman-crude-research-idINDEE89H0A120121018

     Commodity heavyweight Goldman Sachs...long super bullish on oil prices...has slashed its 2013 oil price target on Brent...from $130 to $110 bbl.

     However...longer term...it projects Brent to hover at the $90 level.
     Goldman now admits it was blindsided by USA's shale oil bonanza.