Goldman Sachs dropped oil prices
Global oil quotes decline on Monday. Brent oil is trading under pressure with the price falling to $59,40. WTI price declined towards $49,59. Quotes decline following the release of the fresh Goldman Sachs forecast.
Economists of the largest US bank expect the oil prices to resume the decline in spring 2015 on the back of the growing supply. Prices recovered in early 2015 amid increased uncertainty in the Middle East. However, analysts don't expect this effect to be long-playing. Prices will liekly stay under pressure all over the year 2016.