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GOLDMAN: Oil is on the verge of plunging to $20 – Business Insider

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Business Insider
GOLDMAN: Oil is on the verge of plunging to $20
Business Insider
Effectively, the bank is now saying US oil producers need to go out of business for oil to rebound again, since the analysts "believe the market requires non-OPEC production to shift from our prior expectation of modest growth to large declines in 2016.".
US oil output set for sharpest fall since 1992, says industry bodyBBC News
Opec set to win battle against US shale oilThe Times (subscription)
City News: Construction, oil, car sales, G4S contractExpress.co.uk
The Guardian –The Independent
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