(EnergyAsia, September 6) — Goldman Sachs said the price of oil which recently hit a record US$70.85 a barrel, is not at “a tipping point” yet for Asia as the region’s economic fundamentals are in better shape than in 1990, the last time real oil prices spiked. But it warned that domestic oil price distortions…
MARKETS: Goldman Sachs says oil price not at ‘tipping point’ yet for Asia
Posted on September 6, 2005 by EnergyAsia