You are here

Opec output cut not in its own interests: Goldman


A "LARGE" production cut by Opec to prop up crude prices isn't in the group's own interests because it's likely to bolster an expansion of US shale oil, according to Goldman Sachs Group Inc.

While the slide in prices into a bear market increases the chances of a reduction

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom