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October 29, 2014

Goldman Dethrones OPEC, Spooks Market, Says U.S. Is King

Quartz, Quartz

opec

he news just became worse for Iran, Russia and Venezuela, and better for motorists around the world: Another big Wall Street voice has weighed in with a forecast of long-term lower oil prices—below what these three nations require to balance their budgets.

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TAGGED: Goldman Sachs, Oil, Steve LeVine, OPEC

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