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Citi's view on crude oil: Maintaining the Brent crude oil price forecast for the fourth quarter of 2026 at $70 per barrel and $65 per barrel in 2027, the reason is that after the Suez Canal resumes navigation, the crude oil market will return to a larger pattern of oversupply than before the conflict.
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Citi's view on crude oil: Maintaining the Brent crude oil price forecast for the fourth quarter of 2026 at $70 per barrel and $65 per barrel in 2027, the reason is that after the Suez Canal resumes navigation, the crude oil market will return to a larger pattern of oversupply than before the conflict.
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