Goldman P***s Off the “Oil Card” Riggers

By James Herron

The world of investment bank research is more often defined by consensus rather than confrontation.

Radically conflicting opinions over the outlook for a particular company or commodity can sometimes be hard to come by, at least among the more conservative analysts who populate the world’s largest financial institutions.

So the rupture this week over the direction of the oil market is notable not just for the scale of the difference between the two sides.

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