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๐ฅGoldman Sachs lowers Q2 crude oil forecast amid easing geopolitical tensions
On April 9, Goldman Sachs stated that, due to the decline in risk premiums at the front end of the curve and the increase in crude oil flows through the Suez Canal, they have lowered their Q2 price forecasts for Brent and WTI crude oil to $90 per barrel and $87 per barrel, respectively.