Here's a quick video from Jeff Currie, global head of commodities research at Goldman Sachs. He sees the risk of crude oil reaching $20 a barrel, driven by "breaching storage capacity."

  • Note that $20 is a 'risk', his baseline forecast is $48/bbl
  • This is not new from Currie, he has been calling the oil price lower for a while now

The video is here

Article here

Both via CNBC