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Friday, September 11, 2015

Goldman cuts 2016 Brent oil forecast to $49.50/barrel from $62/barrel

BREAKING : Goldman cuts 2016 Brent oil forecast to $49.50/barrel from $62/barrel.

Goldman says oil price should bottom in the next 6 to 9 months.

Oct Brent Crude drops 74 cents, or 1.5% to $48.15 a barrel

Impact : Medium
Sentiment : Bad for $AUD , Oil

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