Expert Insights: Citi's Forecast on Oil Prices Hitting $60 a Barrel by 2025
Wednesday, 12 June 2024, 08:02
Expert Analysis on Oil Market Forecast
Citi recently released a report projecting a substantial decline in oil prices, foreseeing a sharp drop to $60 per barrel by 2025. This forecast has significant implications for the global energy sector and market participants.
Key Insights:
- Price Forecast: Citi anticipates oil prices to plummet to $60 a barrel within the next few years.
- Market Impact: The projected decline could have far-reaching consequences for oil-producing countries and investment portfolios.
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.