Citi forecasting Brent crude oil into the US$60 range ...Middle East

Reuters with the info from Citi following the OPEc announcement earlier: "We see the OPEC+ unwind delay and ongoing geopolitics and financial positioning providing price support at $70-72 Brent"We recommend selling on a bounce toward $80 Brent, as we look ahead to moves down to the $60 range in 2025 as a sizeable market surplus emerges" -Earlier:JP Morgan forecasts Brent crude oil to low $60sOPEC+ agrees to delay October oil output increase - report This article was written by Eamonn Sheridan at www.forexlive.com.

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