Citigroup forecasts Brent oil prices to drop to US$60 by end of 2026
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Citigroup
Global
July 3, 2026
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Read our editorial policy- Earlier version 17/3/2026, 7:30:48 AM
Citigroup analysts predict Brent crude could fall to US$60 per barrel by the end of 2026. The forecast is based on normalizing shipping flows through the Strait of Hormuz and easing geopolitical tensions. Global oil markets are expected to shift back into oversupply.
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