Brent crude could extend declines to $60 a barrel by year-end as disruptions in the Strait of Hormuz ease, according to Citigroup Inc., Bloomberg reported.
The bank’s view adds to a chorus of bearish outlooks for the global crude market.
Citi Says Brent Could Slide to $60 a Barrel by Year-End as Hormuz Disruptions Ease
2026-07-03 05:33:34
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
