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Goldman Sachs raises possibility of $200 a barrel oil
[font=Arial,Helvetica,Geneva] Goldman's projections foretell persistent turbulence in energy prices
[size=-2]By Steve Gelsi, MarketWatch [size=-2]Last Update: 1:42 PM ET Mar 7, 2008[/size] NEW YORK (MarketWatch) -- With $100-a-barrel here for now, Goldman Sachs says $200 a barrel could be a reality in the not-too-distant future in the case of a "major disruption."
Goldman on Friday also boosted by $10 the low end of its 2008-2012 projected range for crude to $60 a barrel -- significantly lower than current prices, to be sure, but a possible mark for oil if "normalized" trends return to the marketplace.
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Goldman Sachs raises possibility of $200 a barrel oil
[size=-2]By Steve Gelsi, MarketWatch [size=-2]Last Update: 1:42 PM ET Mar 7, 2008[/size] NEW YORK (MarketWatch) -- With $100-a-barrel here for now, Goldman Sachs says $200 a barrel could be a reality in the not-too-distant future in the case of a "major disruption."
Goldman on Friday also boosted by $10 the low end of its 2008-2012 projected range for crude to $60 a barrel -- significantly lower than current prices, to be sure, but a possible mark for oil if "normalized" trends return to the marketplace.
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