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.
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