
Surveillance: Goldman CEO: Bumpy Times Ahead
Bloomberg Surveillance
00:00
OPEC's Oil Forecasts Aren't Going to Change So What Are You Looking For?
The price point when it comes really painful is going to be below 65 there's plenty of oil that can be productively You know exploited at 70 we start getting into Some fields that just don't work at 65, but it gets unbelievably painful below 55. I think the next political move on Managing the market will be up to the US Ed up to the U.S. How so what are you looking for? Well, I go back to the president's point that at $70 a barrel They can start buying back oil for the strategic reserve And that's meant as an encouragement to the industry to keep drilling and to keep producing.
Play episode from 29:16
Transcript


