Goldman Says Big Oil Is Poised for Its Best Year in Decades

Big Oil’s slump is over and industry domination beckons, according to Goldman Sachs Group Inc.

 In 2018, companies from Royal Dutch Shell Plc to Exxon Mobil Corp. will find themselves with a surplus of cash to fund dividends, ruling the world of deep water mega-projects and even coming out ahead in tax negotiations with oil-reliant governments around the globe, according to Michele Della Vigna, Goldman’s head of energy-industry research.

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