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Goldman Sachs Lowers Q2 Price Forecast For Brent, WTI

ReutersApr 9, 2026 3:34 AM

- GOLDMAN SACHS:

  • LOWERS Q2 FORECAST FOR BRENT/WTI TO $90/87 GIVEN THE REDUCTION IN RISK PREMIUM AT THE FRONT OF THE CURVE AND ALREADY EDGING UP OIL FLOWS THROUGH THE SOH

  • SAYS IT KEEPS 2026 Q3/Q4 OIL PRICE FORECAST UNCHANGED AT $82/80 FOR BRENT AND $77/75 FOR WTI

  • SAYS IN AN ADVERSE SCENARIO WHERE THE CEASEFIRE DOESN'T HOLD, FOLLOWED BY PERSISTENT 2MB/D MIDEAST PRODUCTION LOSSES, BRENT PRICES CAN AVERAGE $115/BBL IN 2026Q4

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