Rig count plunge not enough to stop oil from tumbling – Goldman

12 February 2015 - The slump in oil prices may not be over, according to Goldman Sachs Group Inc. The decline in the number of U.S. drilling rigs that’s helped crude futures in New York rebound 14 percent from this year’s low isn’t enough to reduce an oversupply, the U.S. bank said in a note […] More »