oil cost per barrel
standard poor s s p appeared more bullish on oil prices than goldman forecasting on tuesday that brent oil would average $ 55 per barrel in 2016 up from an average of $ 50 for the remainder of this yearhis has helped catalyze an historic collapse in the price of crude oil with both brent and wti trading below $ 50 per barrel down from around $ 110 per barrel until june 2014