You are here

OIL ROUT

US may hike oil output, says Goldman Sachs

Wednesday, December 17, 2014 - 05:50

Melbourne

US producers battling Opec for market share may increase output further from the highest rate in more than three decades as costs decline almost as fast as oil prices, according to Goldman Sachs Group Inc.

The slump in benchmark US crude futures, which are down more than

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom