Goldman Sachs slashes its oil price target as banking fiasco boosts recession fears

Goldman Sachs slashes its oil price target as banking fiasco boosts recession fears

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Goldman Sachs traders work on the floor of the New York Stock Exchange in New York, Monday, March 7, 2011. Ramin Talaie/Corbis/Getty Images Goldman Sachs slashed its oil price forecast because the ongoing banking crisis is boosting fears of a recession. Analysts now expect oil to trade at $94 per…

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