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Oil options lurch closer to $20 Goldman doomsday forecast

Fast-forward five months and in some parts of the world the forecast has already proved correct. Canadian physical crude has been selling this week at below USD 20 per barrel, less than it costs to extract and transport. Traders in the options market, meanwhile, are taking protection against prices falling below USD 25.

January 08, 2016 / 22:32 IST
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first published: Jan 8, 2016 02:37 pm

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