Goldman Sachs revises a range of its views on the oil market, downgrading Royal Dutch Shell...

|About: Royal Dutch Shell plc (RDS.A)|By:, SA News Editor

Goldman Sachs revises a range of its views on the oil market, downgrading Royal Dutch Shell (RDS.A) to Sell from Neutral ahead of an expected end to the decade-long growth in oil prices. Goldman also cuts its crude price forecasts for 2013-14 while warning that the price OPEC members need to balance their budgets will rise to $100/bbl by 2015 from $90 now. Shares -1.4% premarket.