Citi Predicts Oil Price Challenges in 2025 Due to Economic Factors

Saturday, 9 November 2024, 01:50

Citi predicts pressure on oil prices in 2025, focusing on concerns about Chinese demand and the limited effects of Hurricane Rafael. This forecast reflects broader economic conditions under a potential second Trump presidency.
Seekingalpha
Citi Predicts Oil Price Challenges in 2025 Due to Economic Factors

Understanding Oil Price Trends Amid Political Change

Citi forecasts anticipate significant pressure on oil prices in 2025, influenced by various economic factors. Specifically, increasing concerns over Chinese demand paint a challenging landscape for crude oil futures. Additionally, recent data indicates that Hurricane Rafael had a limited impact on market conditions.

Economic Projections and Yearly Forecasts

Further insights suggest that political shifts, especially with a potential second Trump presidency, could exacerbate these pressures. As we approach 2025, the interplay between domestic policies and international demand will be critical to monitor.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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