Goldman Sachs cuts its Q2 crude oil price forecast to $90 for Brent and $87 for WTI

GateNews

2026-04-09 02:37:39

Gate News message: On April 9, Goldman Sachs said that, given the decline in risk premiums at the front end of the curve, and that oil flows through the Suez Canal have begun to increase, its Q2 price forecasts for Brent crude oil (the global crude oil price benchmark) and WTI crude oil (the U.S. crude oil price benchmark) have been cut to $90 per barrel and $87 per barrel, respectively.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments