Goldman Sachs cuts second-quarter Brent crude oil forecast to $20/bbl
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(Reuters) - Goldman Sachs slashed its price forecast for second-quarter Brent crude oil by a third to $20 a barrel, predicting global demand would drop a record of 1.1 million barrels per day (bpd) this year as the coronavirus epidemic slams economic growth.At that level Brent would be at its lowest since February 2002. Oil prices slipped again on Wednesday, with Brent trading near $28.50 a barrel at 0558 GMT. "Such a fall ... would be consistent with the prior large bear markets of 1999, 2009..