Citi Maintains $120 Oil Price Forecast for Next 3 Months
On May 9, Citi stated that it maintains its forecast of $120 for oil prices over the next three months. The current baseline scenario predicts that the average Brent crude oil price will be $110 in the second quarter of 2026, followed by a decline to $95 in the third quarter and $80 in the fourth quarter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
fone has surged nearly 40% in the past 24 hours, briefly surpassing a market capitalization of $8.5 million
US Housing Market Is Breaking. Will It Impact Stocks and Bitcoin Prices?
Tesla to unveil long-delayed Roadster on Oct. 1, Musk says
USDC Treasury Mints 250 Million USDC on Solana Chain
Crypto prices
More
