By LAURA CHESTERS FOR THE DAILY MAIL: 11 September 2015
The price of oil could fall as low as $20, Goldman Sachs warned last night.
As fears about China’s growth continued, the Wall Street giant’s stark analysis of the global crude market pummelled prices again yesterday.
The price of Brent Crude fell more than 2 per cent after analysts at Goldman and Commerzbank slashed their forecasts. Oil has more than halved since last summer as supply increased due to the surging production of the US shale industry.