Blog: Dave LeggettOil prices

Dave Leggett | 1 April 2005

Goldman Sachs has just issued a report on oil prices that makes slightly uneasy reading, especially for those anticipating some downward movement in 2006. Sachs has raised its oil price forecasts for 2005 and 2006 and is even talking about the possibility of a 'super spike' that could send prices over $100 a barrel (although some analysts disagree with Goldmans). Alas, I fear that it is not an April Fools joke. 

Oil prices may see 'super spike'


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