Goldman Sachs comments on risks to Brent forecast; solid demand, US supply slow down

Goldman Sachs comments on the additional OPEC+ cuts into Q124:

• says "still see risks to unchanged December 2024 Brent forecast of $93/bbl as tilted moderately to the downside"
• Expects solid demand growth, slowdown in US supply growth, low OPEC supply to keep Brent in the $80-100 range in 2024

Earlier on oil:

• OPEC+ statement says the next meeting will be in June but offers little else

• Confusion and disobedience: Angola's bold move challenges OPEC+