Monday, May 19, 2008

Dow Slides As Oil Reaches Record High

Goldman Sachs (GS: 185.41 -1.73 -0.92%) the investment bank that forecast a surge in oil prices back in 2005, has once again said oil will rise, this time to over $141/barrel in the second half of this year. And since oil traders are rallying on any possible good news, this forecast pushed oil up to [...]

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