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Citi Forecasts Oil Prices to Fall Toward $60-$65 a Barrel Before the First Quarter of 2027

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2026-06-18 20:56:34
Citi said its base-case scenario expects capital flows to continue normalizing under a memorandum of understanding between Iran and the United States, and it forecasts oil prices will trend lower over the next 6 to 12 months.

According to Jin10, Citi said oil prices are expected to reach $60 to $65 per barrel before the first quarter of 2027.
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