In 2016 there’s about a week separating Thanksgiving dinner and OPEC’s November meeting. Plenty of time for turkey, dressing, mashed potatoes and football scores to be digested before oil producers head toward the big jug of Tums in anticipation of anything coming out of OPEC.

Goldman Sachs echoed the market’s more upbeat sentiment on a potential OPEC production-cutting deal, saying it expects oil prices to average $55 per barrel in the first half of 2017, up from its previous estimates of $45 and $50. This is the same Goldman Sachs that...


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