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Brent to slide as low as $60 a barrel by Christmas, forecasts Citi
Citi forecasts Brent crude oil prices to drop to $60 a barrel by Christmas. The bank’s analysts note that both the US and Iran have reasons to maintain a ceasefire.
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Adjacent reporting
- Oil sinks below $80 a barrel as traders bet Hormuz flows will return
- U.S. crude oil falls below $100 per barrel after Trump says Iran talks in final stages
- A world rejecting OPEC controls could usher in oil below $50 a barrel
- Oil prices dip amid reports of tentative US-Iran deal
- Citi Says Oil May Slump to $60 as Hormuz Shock Fades Away
- Oil prices fall below $100 a barrel over Middle East peace hopes: When will petrol prices drop?