Goldman Sachs Group Inc. is doubling down on its bullish outlook for oil. The bank still forecasts that global benchmark Brent crude will hit $67.50 a barrel next quarter, driven by healthy demand and supply curbs by OPEC and its allies such as Russia, analysts including Damien Courvalin said in a Feb. 12 report. Goldman’s estimate is around 7 percent higher than current price levels. Brent has struggled to sustain gains this month following its best ever start to a year on concern that booming shale output will undermine cuts by OPEC and its partners, and fears that the U.S.-China trade war will weaken demand. ... (full story)