Oil under $ 40? Goldman Sachs sees this risk!

The alert is left by the investment bank in a note dated Monday, which says that the cartel needs to increase production cuts in order to stem the imbalance in the market. Without this type of action and the lack of evidence of sustained declines in inventories, as well as exploration activity in the United States, the path of oil prices will move to below $ 40 per barrel.

Goldman Sachs warns of the risk of a drop in “black gold” prices after June revised its estimates for the next three months in relation to oil prices to 47.5 Dollars. That is, below the previous estimate that it was 55 dollars per barrel.