Energy

Goldman Sachs (GS): Oil Headed Back Toward $150

Tx00338coilwellgusherodessatexasposGoldman Sachs (GS) says oil will be back at $149 at the end of the year.

The investment bank reiterated its year-end price forecast of $149 a barrel for U.S. crude oil, and said strong fundamentals were a more important factor than a strengthening dollar, according to Reuters.

Douglas A. McIntyre

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