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Goldman Does It Again: Crude Crashes 11% After "Most Bullish In A Decade" Call

Goldman Does It Again: Crude Crashes 11% After "Most Bullish In A Decade" Call

In 2008, as oil prices were spiking higher, Goldman infamously suggested a "super spike" in crude to $200 per barrel was coming. That ended up signaling the beginning of a collapse in crude prices that nearly bankrupted the world's oil producers and remains a massive problem for many nations (cough Venezuela cough).

Did they just do it again?

Goldman just issued their "most bullish in a decade" call on Brent Crude, calling for $82.

Things are not working out so well...



Muppet'd!