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Goldman sachs sees oil prices falling 'sharply lower'

from Energy Mix

Market analysts Goldman Sachs helped drive oil below $44 per barrel with a report warning that prices could go "sharply lower" as storage tanks hit capacity. "The oversupply of oil worldwide has had storage tanks in Cushing, Oklahoma, at record levels for most of the year. It's not just crude that is in oversupply, but also refined products," CBC reports. more

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