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Goldman Sachs Cuts Fourth-Quarter Crude Forecast to $80

DeFi Daily News by DeFi Daily News
June 24, 2026
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Daan Struyven, co-head of global commodities research at Goldman Sachs, explains the three reasons why oil prices are coming down so quickly following the US and Iran reaching an interim peace agreement and says analysts and investors “underappreciated the flexibility” in global oil markets during the conflict.
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Tags: Annmarie HordernbusinessChinaCommoditiesCrudeCutsDaan StruyvendemandEVsForecastfourthquarterGoldmanGoldman Sachs Group Inc.HormuzIranJonathan FerroLisa AbramowiczMarketsMideastOilSachsStrait of Hormuzwar
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