Oil prices continued to tumble below $90 a barrel on Wednesday after Goldman Sachs, Wall Street’s most bullish investment bank on the commodity, turned negative on the short-term outlook for crude.

The bank recommended investors take profits after prices jumped to a record of $93.80 a barrel on Monday. West Texas Intermediate crude oil extended its losses on Wednesday, moving $1.09 lower in early London trading to $89.29 a barrel, after losing more than $3 on Tuesday. Brent crude oil fell $1.06 to $86.38 a barrel.