Goldman Sachs: oil price could decline to $20 a barrel

Market news

20 November 2015

Goldman Sachs: oil price could decline to $20 a barrel

Goldman Sachs said that oil price could drop to $20 a barrel due to increasing global oil oversupply and mild weather.

"Risks of a sharp leg lower remain elevated," the investment bank said.

Bank of Japan‘s monthly report: the slowdown in emerging economies weighed on exports

Options levels on friday, November 20, 2015:

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