Oil derivative traders are preparing for crude prices to fall further in the coming months, but few expect Goldman Sachs’ worst-case scenario of a drop to $20 a barrel to happen any time soon. The options market indicates investors are braced for U.S. crude prices to drop to around $35 in the first half of 2016, but most do not expect a steeper plunge in that period. U.S. crude futures CLc1 fell below $37 a barrel for the first time since early 2009 on Tuesday after OPEC’s most recent policy meeting resulted in acrimony and no decision to cut output. [O/R] Investment bank Goldman Sachs ( GS.N ), an influential voice in oil trading, has said prices could drop as low as $20 a barrel at some point, hit by a growing global crude glut and sluggish demand. Crude oil futures have not traded around that level for any […]