Goldman Sachs Forecasts Oil Prices Under Different Scenarios

April 8 (Reuters) - GOLDMAN SACHS:

• SEES THAT BRENT/WTI OIL PRICES EDGE DOWN TO $62/58 BY DEC25 AND TO $55/51 BY DEC26, UNDER TWO ASSUMPTIONS

• FIRST, THE U.S. ECONOMY AVOIDS A RECESSION GIVEN A LARGE REDUCTION IN TARIFFS, WHICH ARE SCHEDULED TO TAKE EFFECT ON APRIL 9. SECOND, OPEC8+ SUPPLY RISES MODERATELY WITH TWO FINAL INCREMENTS OF 130-140KB EACH IN JUNE-JULY

• SAYS "ASSUMING A TYPICAL U.S. RECESSION AND OUR OPEC BASELINE, WE ESTIMATE THAT BRENT WOULD DECLINE TO $58/50 BY DEC25/26, RESPECTIVELY"

• SAYS "IN A GLOBAL GDP SLOWDOWN SCENARIO AND KEEPING OUR OPEC BASELINE UNCHANGED, WE ESTIMATE THAT BRENT WOULD DECLINE TO $54/45 BY DEC25/26"

• SAYS "WE ESTIMATE A SIMILAR PRICE PATH ASSUMING OUR GDP BASELINE AND A FULL UNWIND OF THE 2.2 MB/D OF OPEC+ CUTS"

• SAYS IN A MORE EXTREME AND LESS LIKELY SCENARIO WITH BOTH A GLOBAL GDP SLOWDOWN AND A FULL UNWIND OF OPEC+ CUTS, WHICH WOULD DISCIPLINE NON-OPEC SUPPLY, WE ESTIMATE THAT BRENT WOULD FALL JUST UNDER $40/BBL IN LATE 2026