Oil and Gas

Goldman Sachs warns oil could fall below $40 in extreme scenario

Goldman Sachs analysts on Monday warned that in a worst-case scenario, Brent oil, the international benchmark prices, could fall below $40 a barrel. Brent crude oil futures are currently trading around $64 a barrel, while US West Texas Intermediate futures are at approximately $60 a barrel, with both prices down by about 15% this year. […]