[Goldman Sachs: Oil Prices Face Two-Way Risks as Weak Demand Competes with Middle East Supply Losses] Reported by Jinse Finance, on June 1, Goldman Sachs stated that oil prices are facing two-way risks due to weak demand competing with supply losses in the Middle East caused by the Iran war. Analysts, including Daan Struyven, mentioned in a report on May 31 that April oil sales data from Western Europe indicate a downside risk of approximately 2 million barrels per day to the bank's already 'very low' demand forecast for April. This adds about $10 per barrel of downside risk to its forecast of $90 per barrel for Brent crude in the fourth quarter. Goldman Sachs analysts stated: 'We believe that Middle East supply losses could persist for a longer period, posing significant upside price risks, but weak demand also brings significant downside price risks. Actual end-user oil demand may decline more than expected due to rising prices.' (Jin10)