Goldman Sachs has revised its oil price forecasts due to concerns over tariffs and increased supply from OPEC+. The financial services firm has adjusted its projections in light of potential economic impacts from tariffs and the decision by OPEC+ to raise production levels. These factors contribute to a more cautious outlook for oil prices, reflecting the anticipated changes in market dynamics resulting from geopolitical and supply considerations. The revised forecasts indicate a shift in expectations as the firm responds to evolving global economic conditions.

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