News Oil 

Goldman Sachs cuts oil-price forecasts

“Production cuts from the Organization of the Petroleum Exporting Countries and its allies came into effect at the start of this month” reports etfdailynews.com. WTI crude for February delivery CLG9, +2.94% added $1.69, or 3.5%, to $49.65 a barrel on the New York Mercantile Exchange.
 
Source: etfdailynews.com



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