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Goldman Sachs Slashes Oil Forecasts Again, Warns Of $40 Brent In 'Extreme' Tariff-Driven Recession Scenario
Summary
After having cut its oil forecasts twice in less than a week, analysts at the Goldman Sachs Group Inc (NYSE: GS) cut their annual forecasts for Brent and West Texas Intermediate Crude for 2025 and 2026 yet again, warning of a worst-case scenario involving a tariff-driven global recession and higher supply by the OPEC+ nations.
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Read Full ArticleArticle published on April 8, 2025 by benzinga