Citi Forecasts Crude Oil Prices To Fall To $60-65/Bbl During Second Half of 2025
ReutersMar 20, 2025 1:56 PM
March 20 (Reuters) - CITI RESEARCH:
EXPECTS CRUDE OIL PRICES TO FALL TO $60-65/BBL DURING 2H 2025 (-15-20%)IN ITS BASE CASE SCENARIO
SEES CRUDE OIL PRICE RANGE DURING REMAINDER OF 2025 SHIFTING DOWN BY $15-20/BBL TO $60-75/BBL, DOWN FROM $70-90/BBL OVER THE PAST THREE YEARS
SAYS IT CONTINUE TO RECOMMEND INVESTORS (PRODUCERS) TAKE DOWNSIDE EXPOSURE (HEDGE) 2H'25 AND 2026 CRUDE OIL OVER The NEXT FEW MONTHS
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