Goldman Sachs: Trump has few options for countering OPEC

Goldman Sachs comments on Trump's options to OPEC:

• The pressure United States may bring on OPEC is very limited.
• There are physical and financial restrictions on pumping oil from the Permian basin.
• The US shale oil industry needs to be restructured.
• It is difficult to obtain growth in production higher than 1.1-1.2 million barrels per day.
• Risks to oil prices include slowing down the underlying economic environment, especially China.