Goldman Sachs commodities strategist Jeff Currie causes a stir by saying he wouldn't be...

|By:, SA News Editor

Goldman Sachs commodities strategist Jeff Currie causes a stir by saying he wouldn't be surprised “if we woke up in summer and oil cost $150" a barrel. In December, the firm's official forecast for 2013 was ~$100/bbl. Currie says that despite the boom in U.S. shale gas, the oil price remains high, which he attributes primarily to sanction-related supply disruptions in Iran.