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  • Oil prices could be as low as $50 by 2020: Goldman
    2015-08-05 00:00:00

    The price of oil could be stuck firmly at around $50 a barrel by 2020, a Goldman Sachs analyst told CNBC, raising new fears about the energy companies that have already started to cut costs, projects and jobs to cope with falling revenues.

  • OPEC has yet to win the fight against shale
    2015-08-05 00:00:00

    Saudi Arabia's oil minister Ali al-Naimi could be forgiven for feeling vindicated as he prepares for the semi-annual meeting of the Organization of Petroleum Exporting Countries (OPEC) on June 5.

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