GOLDMAN SACHS: WE KEEP OUR 2026 Q3/Q4 OIL PRICE FORECAST UNCHANGED AT $82/80 FOR BRENT AND $77/75 FOR WTI

- 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