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
Euro: Tight range with downside bias against US Dollar – ING
Pernod Ricard reports 252,269,195 issued shares, 302,559,686 voting rights as of Aug. 31, 2026
Momentum IM flags tight link between UK 5-year gilt yields and natural gas futures
Aberforth Smaller Companies Trust NAV per share at Sept. 4 close: 1,934.81p excluding revenue
Crypto prices
More
