Goldman: $35 oil 'just right' for 2017 recovery

Goldman Sachs expects US oil prices to average $35 in the second quarter of 2016, an outlook the investment bank views as 'an idealistic Goldilocks scenario' that could set up a price recovery next year.

Recovery: Goldman expects rebound next year on $35 oil
Recovery: Goldman expects rebound next year on $35 oil
Published 7 April 2016, 18:00Updated 18 October 2016, 04:48