Citi forecast Brent crude oil to average $75/barrel in 2024 ...Middle East

Projections from Citi come via a Reuters report: Raises 2Q 2024 price forecast to $78/bbl (from $72/bbl), owing to larger-than-expected supply disruptions during 1Q 2024, ongoing tensions in Middle East"We remain less bullish, expecting Brent to fall into the low $70s/bbl by year end, barring any unexpected supply disruption"Expects Brent to average $75/bbl in 2024 This article was written by Eamonn Sheridan at www.forexlive.com.

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