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Due to easing geopolitical tensions, Goldman Sachs has lowered its Q2 oil price forecast.
Mars Finance News: On April 9, Goldman Sachs said that, given the decline in risk premiums at the front end of the curve and the fact that crude oil volumes through the Suez Canal have begun to increase, it has lowered its Q2 price forecasts for Brent crude and WTI crude to $90 per barrel and $87 per barrel, respectively. (Jinshi)