# Goldman Sachs updated its price expectations for crude oil late on Wednesday following the news of a ceasefire deal between Iran and the United States.

*business · news · 2026-04-09 · OilPrice*

## Key points

- Goldman Sachs lowered its Q2 Brent crude forecast to $90 per barrel after the ceasefire news.
- Goldman maintained Q3 and Q4 Brent forecasts at $82 and $80 per barrel, respectively.
- A scenario with renewed hostilities could push Brent to $115 per barrel in Q4.
- The Iran-U.S. ceasefire reportedly collapsed within 24 hours amid new attacks and tensions.

**Companies:** Goldman Sachs
**Countries:** Iran, United States, Saudi Arabia, Israel

[Read the full story on OilPrice](https://oilprice.com/Latest-Energy-News/World-News/Goldman-Cuts-Oil-Price-Forecasts-After-Ceasefire-Announcement.html)

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