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otherJun 17, 2026
Goldman Sachs Lowers Brent Crude Forecast After Hormuz Deal But Flags Two-Sided Risks
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Goldman Sachs Lowers Brent Crude Forecast After Hormuz Deal But Flags Two-Sided Risks
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- currentsapi(Mixed)By Yukta Baid
Goldman Sachs expects Brent crude to average $80 per barrel in the fourth quarter of 2026, down from its earlier forecast of $90. Its 2027 Brent forecast has also been cut to $75 per barrel from $80. The brokerage has lowered its oil price forecasts after signs of a breakthrough …
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