GOLDMAN SACHS CUTS Q2 BRENT/WTI FORECAST TO $90/87 DUE TO DECREASE IN RISK PREMIUM AND INCREASING OIL FLOWS THROUGH THE SOH

Written by Emily J. Thompson, Senior Investment Analyst

Source: moomoo

Updated: Apr 09 2026

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WTI-6.21%

Should l Buy WTI?

Source: moomoo

Goldman Sachs Q2 Forecast: Goldman Sachs has lowered its Q2 forecast for Brent and WTI crude oil prices to $90 and $87, respectively.
Market Conditions: This adjustment is attributed to a reduction in the risk premium at the front of the curve, indicating changing market dynamics.
Oil Flow Trends: There is an ongoing trend of oil flows through the Southern Hemisphere, which may impact global supply and pricing.
Implications for Investors: The revised forecasts and market conditions could influence investment strategies and decisions in the energy sector.

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About WTI

W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of America. The Company has working interests in approximately 52 fields in federal and state waters (which include 45 fields in federal waters and seven in state waters). The Company has under lease approximately 646,200 gross acres (502,300 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 493,000 gross acres on the conventional shelf, approximately 147,700 gross acres in the deepwater and 5,500 gross acres in Alabama state waters. The Company’s interests in fields, leases, structures and equipment are primarily owned by its wholly owned subsidiaries and through its proportionately consolidated interest in Monza Energy LLC. The Company's subsidiaries include Aquasition Energy LLC, Aquasition LLC, Aquasition II, LLC, Aquasition III, LLC, Aquasition IV, LLC, Aquasition V, LLC, and others.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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