Goldman Sachs: Oil Could Spike to $105
Oil markets have entered a “super-spike” period that could see 1970’s-style price surges as high as $105 a barrel, investment bank Goldman Sachs said in a research report.
March 31, 2005
Shell pumps twice as much as it finds
But similar to industry trend where private oil companies can’t locate large future reserves.
March 31, 2005
