The first coordinated decision on oil output between OPEC and producers outside the group in fifteen years isn’t going to revive crude prices, according to Goldman Sachs Group Inc. The agreement between Saudi Arabia and Russia to freeze production will have “little impact on the oil market as proposed, while there remains high uncertainty that it even materializes,” analysts including Jeffrey Currie said in a note e-mailed Wednesday. The bank reiterated its call for prices to remain volatile while being bound to a range in the coming months until inventories stop increasing. Oil is trading near a 12-year low as record stockpiles […]