Brent oil could fall $10-$12 on IEA release: Goldman

(Reuters) - Goldman Sachs, widely seen as one of the most influential banks in commodities, said Brent crude oil prices could fall by $10 to $12 a barrel by the end of July after the International Energy Agency (IEA) announced a surprise release of 60 million barrels of oil from member countries.
(Source:http://www.reuters.com/article/2011/06/23/us-goldman-iea-idUSTRE75M64G20110623)