Citi Reiterates $60 Oil Price Forecast Amid “Bearish Trend” ...Middle East

OILPRICE - Economy
Citi Reiterates $60 Oil Price Forecast Amid “Bearish Trend”
source : OILPRICE ( Middle East ) () 33
We could see $60-per-barrel oil prices next year if OPEC+ fails to implement more production cuts, Citi said in a Wednesday note to clients, citing slowing demand and strong supply coming from non-OPEC producers. Further into its doomsday oil pricing, Citi said that once Brent crude prices drop to the $60 range, they could get pushed down further to $50 a barrel due to financial flows before rebounding.  Citi noted that geopolitical tensions are not having a huge, direct impact on oil prices. While geopolitical tensions have been temporarily…

Hence then, the article about citi reiterates 60 oil price forecast amid bearish trend was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Citi Reiterates $60 Oil Price Forecast Amid “Bearish Trend” )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Venezuela’s Oil Reset Has Finally Begun
OILPRICE - before 10 hours & 12 minute
Energy Shares Outperform Early In The Year As Shale Drilling Pulls Back
OILPRICE - before 11 hour & 15 minute
ELEGOO bringt Multicolor-3D-Drucker Centauri Carbon 2 Combo am 26. Januar auf den Markt
PR Newswire - before 4 hours & 28 minute
At a Seattle Port Rocked by Tariffs, There Were 70 Jobs for 600 Workers
The New York Times - before 11 hour & 33 minute
Lawsuit contests RFK Jr.’s new vaccine guidance for children
Washington Post - before 11 hour & 20 minute
First-time buyers typically need £23,000 for a 10% house deposit – report
INDEPENDENT - before 10 hours & 41 minute
G42 Introduces Digital Embassies and Greenshield to Make AI Sovereignty Portable
PR Newswire - before 3 hours & 28 minute
Infosys is the Fastest Growing IT Services Brand Globally with a CAGR of 15% in Brand Value
PR Newswire - before 3 hours & 11 minute
BEKO EUROPE ALS TOP EMPLOYER EUROPE 2026 ZERTIFIZIERT - ZUM NEUNTEN MAL IN FOLGE - SOWIE TOP EMPLOYER IN ITALIEN, FRANKREICH, DEUTSCHLAND, POLEN, GROSSBRITANNIEN, RUMÄNIEN, DER SLOWAKEI UND SPANIEN
PR Newswire - before 2 hours & 38 minute
India Locks In Major LNG Supply Deal With Abu Dhabi
OILPRICE - before 2 hours & 28 minute
PioCreat, AEEDC Dubai 2026'ya Hasta Başı Dental 3D Baskı Çözümlerini Getiriyor
PR Newswire - before 5 hours & 43 minute
Russia’s Oil and Gas Revenues Are Set to Plunge 46% in January
OILPRICE - before 4 hours & 2 minute


Latest News

China Is Importing Its Last Ultra-Cheap Sanctioned Venezuelan Oil

before 4 minute

China’s Renewable Energy Revolution Is a Huge Mess That Might Save the World

before 11 minute

Samara launches electric golf cart assembly in Saudi Arabia in joint venture with Raya Holding

before 14 minute

Malawi: Malawians Wake to Fuel Price Shock As Petrol, Diesel Jump Over 41 Percent Overnight

before 57 minute

They’ve outsourced the worst parts of their jobs to tech. How you can do it, too.

before hour & 4 minute

One Identity Unveils Major Upgrade to Identity Manager, Strengthening Enterprise Identity Security

before hour & 4 minute

Cold Snap in China Pushes LNG Prices Higher After Months of Decline

before hour & 10 minute

UMFRAGE VON DP WORLD: HANDELSFÜHRER SIND TROTZ ZUNEHMENDER HINDERNISSE OPTIMISTISCH FÜR 2026

before hour & 19 minute

Ethiopia: Ethiopian Women and Safety - Why Some Switch Their Ethnic Identity When They Start Working

before 2 hours & 14 minute

India Locks In Major LNG Supply Deal With Abu Dhabi

before 2 hours & 28 minute

BEKO EUROPE ALS TOP EMPLOYER EUROPE 2026 ZERTIFIZIERT - ZUM NEUNTEN MAL IN FOLGE - SOWIE TOP EMPLOYER IN ITALIEN, FRANKREICH, DEUTSCHLAND, POLEN, GROSSBRITANNIEN, RUMÄNIEN, DER SLOWAKEI UND SPANIEN

before 2 hours & 38 minute

Infosys is the Fastest Growing IT Services Brand Globally with a CAGR of 15% in Brand Value

before 3 hours & 11 minute

G42 Introduces Digital Embassies and Greenshield to Make AI Sovereignty Portable

before 3 hours & 28 minute

Russia’s Oil and Gas Revenues Are Set to Plunge 46% in January

before 4 hours & 2 minute

Talent Technology Company Cappfinity accelerates growth plans through Chief Talent Management Officer appointment

before 4 hours & 11 minute