The oil markets have been desperately searching for some good news, whether that be on the supply or demand side. A glimmer of hope came Tuesday when major oil producers Saudi Arabia and Russia agreed to freeze production, but the commodities team at Goldman Sachs says this deal isn’t going to send prices higher. In an interview on Bloomberg TV , Goldman’s Global Head of Commodities Research Jeff Currie left little hope for the bulls. When asked if the news changed anything in his analysis, he said “No. In fact, I think the key point there really is that they’re going to keep on pumping at their already extremely high levels.” Currie went on to add that based on his estimates, “Russia was already producing the highest [amount of oil] it was going to produce this year, and that still leads to substantial year-over-year growth for 2016. So that’s […]