Oil prices fluctuate amid banking and Fed uncertainty.

Goldman Sachs has revised its oil price forecast for the rest of the year, expecting Brent to only rise to $94 per barrel in the coming 12 months, down from its previous forecast of $100. The investment bank cites banking stress, recession fears, and an exodus of investor flows as reasons for the drop in oil prices. While demand for oil from China and India is expected to remain high, a potential recession in the UK, EU, US, Canada, and Australia could dampen demand and depress oil prices.