China Financial Daily

Goldman Sachs has been secretly pushing the price of crude oil windfall to sing on many occasions Air China Petroleum
Crude oil market “black mouth” of Goldman Sachs, the recent re ready to make trouble. Goldman Sachs on Wall Street’s rise is the opposite, such as the 20th century, the famous 70’s “anti-takeover adviser” strategy. However, oil prices, Goldman Sachs is always “homeopathy” and for, and often surprising remarks.

As early as 2005, Goldman Sachs analyst Arjun N. Murti, chief out on the international crude oil market may have entered a “super-up” stage, and gives the 105 U.S. dollars a barrel price forecast, the market was shocked.

In 2008 after three years, Goldman Sachs attained a breakthrough in oil prices was 100 U.S. dollars. Goldman Sachs forecasts and more daring at the time that the lack of supply growth will push oil prices in the next 6 months to 24 months rose to 150-200 U.S. dollars per barrel.

However failed to do so. Crude oil prices peaked in July last year to 147 U.S. dollars a barrel, followed by the drastic devaluation of the way, and in December 2008 hit the lowest point in early 2004 to 32 U.S. dollars a barrel.

Related posts:

1. International crude oil market
   OPEC: how do a limited amount and protection of prices impact? Organization of Petroleum Exporting...
2. Goldman Sachs Layoffs: Due to weak earning report in second-quarter, Goldman Sachs plans to lay off 1,000 employees worldwide
   Goldman Sachs Layoffs: Due to weak earning report in second-quarter, Goldman Sachs plans to lay...
3. PE fund of Goldman Sachs raised 5.5 billion U.S. dollars
   PE fund of Goldman Sachs raised 5.5 billion U.S. dollarsGoldman, Sachs & Co. (Goldman Sachs)...